The Internet is opening up all kinds of new investment opportunities that many of us didn't have access to before.
One way real estate investors have made lots of money over time was by investing in distressed mortgages. But for an individual to buy a single mortgage is pretty complicated, let alone risky.
Jorge Newbery founded American Homeowner Preservation (AHP), a crowdfunding site for accredited investors to invest in pools of distressed mortgages earning between 9-12% per year -- all with a focus on helping people stay in their houses longer.
Jorge joins me on the Tradestreaming Podcast to discuss how investors should think about investing in distressed mortgages, the types of returns they should expect, and the growing popularity of this investment.
Jorge is the CEO and Founder of American Homeowner Preservation. He has been a principal in mortgage, property management and real estate brokerage firms
About Jorge Newbery
Jorge is the CEO and Founder of American Homeowner Preservation. He has been a principal in mortgage, property management and real estate brokerage firms
Listen to the FULL episode
More resources
- American Home Preservation (website)
- Distressed Residential Mortgage Summit (NYC, June 18-19 2014)