Buying and Managing Mortgage Notes, with Jamie Bateman
Manage episode 523423385 series 3661193
In this episode of the Seller Finance and Creative Deals podcast, Dan Deppen sits down with Jamie Bateman of Labrador Lending to talk all things mortgage note investing. Jamie shares how he transitioned from rentals and a background in title and mortgage into buying first-lien notes across the country, eventually building a note fund and team to serve investors. He breaks down how he thinks about geography, foreclosure timelines, and the biggest real risk in notes—what you don't know about the interior of the property.
Jamie explains how Labrador now serves three types of investors—passive, hybrid, and active—through their income fund, done-for-you asset management service, and one-on-one mentorship plus community. They also dive into the niche of HUD HECM (reverse mortgage) deals as a pre-REO play, why deal flow has shifted since the 2010s, and how both Jamie and Dan are pivoting strategies, including Dan's approach of buying "broken" seller-finance notes and cleaning them up for institutional demand. This episode is a great fit if you're looking for ways to scale, simplify, or reposition your note investing in today's market.
Want to create your own seller-financed notes?
MAKE SURE YOUR NOTES ARE SELLABLE, VALUABLE, AND COMPLIANT: https://calltheunderwriter.com/
Are you Ready to work with Dan to learn how to invest in notes yourself?
COMPREHENSIVE NOTE BUYING COURSE: https://www.notelaunchpad.com
Connect with Labrador Lending
Website: www.adversity2abundance.com
Facebook: https://www.facebook.com/labradorlending/
Instagram: https://www.instagram.com/labradorlendingllc/
LinkedIn https://www.linkedin.com/company/labrador-lending/?viewAsMember=true
Youtube: https://www.youtube.com/channel/UChYrpCUlqFYLy4HngRrmU9Q 3 Core Services
Integrity Income Fund:
labradorlending.com/passive-investors
Asset Management Service:
labradorlending.com/hybrid-investors
Labrador Mentorship:
labradorlending.com/investors/active-investors
Connect with Jamie
LinkedIn: www.linkedin.com/in/jamie-bateman-5359a811/
Twitter: twitter.com/batemanjames
100 episodes