Mortgage Assignment – A New No Risk Investing Alternative

If you haven’t heard, the new, hot, no risk investment strategy “thing” in real estate investing is in is something called the mortgage assignment. A pioneering strategy created by Guru Phill Grove who calls it the Mortgage Assignment Profits System.Essentially, this no risk investing strategy is a whole new way to think about traditional relationship real estate investors have had investing.The great thing about the mortgage assignment, is not only is it no risk investing, but it is the perfect tool to take care of the current economy.Here’s why.Right now with the economy still reeling from the financial collapse (all the more reason for no risk investing) and real estate bubble, there are more and more people want or need to sell, but can’t afford to because there is not enough equity in the home to cover closing costs.Likewise, the pool of non-traditional buyers, has swelled like a jumbo hot dog left to long in the microwave.The truth is, there has never been more non-traditional buyers because a lot of peeps out there prefer to buy not rent, and that hasn’t changed even though the banks have severely restricted their lending.So what is really neat about mortgage assignment no risk investing strategy is that it simply pools these buyers and seller together. You as the investor, have “No stake’ in the property and are paid out of the buyer’s down payment, usually about 5 to 20%: Truly no risk investing.What’s the catch?The mortgage assignment is only risk free if it is set up properly. Though the concept is easy, the paperwork is essential to make sure all parties are protected.While it is fairly straightforward to learn, you don’t want to try this without the proper training