Individuals who provided often sell their notes to specialized buyers or institutions for several reasons:

Buying a mortgage note means purchasing the of a borrower, secured by real estate. As the buyer, you step into the shoes of the lender (the "bank"), gaining the right to collect all remaining monthly principal and interest payments. 1. Core Concept: Investing in Debt

: Note holders receive a steady stream of cash flow without the "tenants and toilets" management headaches of a traditional landlord.