Ep. 240 Martin Saenz: Investing in the Secondary Mortgage Market

Martin Saenz runs a fund that invests in distressed mortgages.  He discusses the state of the mortgage market, returns and how he creates win-win deals for investors and homeowners.

 

Key Discussion Points

[01:04] Opening remarks by Eric Odum & Steven Silverman [05:04] About our guest: Martin Saenz [05:57] How did you get started in real estate? [08:10] What motivated you to move from Washington D.C. to Sarasota, FL? [09:12] What's your view of the Florida market for the brief time you've been in Sarasota, FL? [10:38] How did you migrate from real estate investing into working with Notes & getting returns for investors? [11:40] What types of mortgages are you pursuing? [13:42] Are your funds leveraged? Or are they 100% equity? [14:05] What type of yield do investors get from their notes? [14:40] How are you finding these deals? [16:52] How would you recommend people setup their own Note business if they want to do this themselves? [18:26] What are the names of your 3 books? [19:26] Have you considered commercial loans? Or are you just staying with residential? [20:41] How do you handle compliance? Outsource? Internal? [21:51] What's your perspective on the debt market? Are there any signs of weakness? [23:49] Are you concerned with the recent amount of compression on the returns? [26:11] On the mortgage side in Florida, do you see anything positive, negative, or interesting factoids? [27:22] What's on the horizon as Florida deals with tight inventory? [29:07] How can investors learn more about your fund and possibly invest in it? [30:44] How can folks reach you? [31:17] Closing comments by Eric & Steven   About Our Guest Martin Saenz is a managing partner at Bequest Funds. Martin has written 3 books on the mortgage industry. He co-founded Bequest Funds with the dual purpose of helping investors grow their wealth, and helping mortgage borrowers stay in their homes. Martin is a seasoned real estate investor with over 15 years of experience.   GUEST CONTACT INFO Email: martin@bqfunds.com Website: https://www.bqfunds.com/