In this episode of Path of Progress, Alex Kononov sits down with @WeCloseNotes Scott Carson — a nationally recognized note investor, educator, and host of the Note Closers Show.
While most investors chase flips, rentals, or syndications, Scott built his business around buying distressed mortgage notes directly from banks. Instead of owning the property, he owns the debt — becoming the bank. That means he profits whether a borrower pays, modifies their loan, or even goes through foreclosure.
Scott breaks down how anyone can use this overlooked strategy to generate returns, the risks to watch out for, and why now is one of the best times to get into notes.
Whether you’re tired of tenants, toilets, and turnovers — or you’re just looking for a way to invest smarter — this episode is your crash course on how to profit without property.
📌 Key Takeaways:✅ Why note investing is real estate’s most overlooked niche✅ How Scott turned 50+ rejections into a $5M deal✅ The risks (and rewards) of becoming “the bank”✅ When to modify loans vs. push for foreclosure✅ The dark side of note investing nobody talks about✅ Why borrower behavior matters more than numbers✅ Scott’s best and worst deals — and lessons learned✅ How to find and negotiate with asset managers✅ Why now is one of the best times to start📚 Book Recommendation:– Think and Grow Rich by Napoleon Hill🌐 Connect with Scott Carson:📺 YouTube →https://www.youtube.com/@WeCloseNotes🌍 Website → https://weclosenotes.com/🎙 Podcast → https://weclosenotes.com/note-closers-show-podcast/ 🎧 Listen & Watch the Full Episode:📺 YouTube → https://youtu.be/gWo_cZvRN9U🎧 Spotify 🎧 Apple Podcasts → https://podcasts.apple.com/us/podcast/path-of-progress/id1782550599🙌 Stay Connected:👍 Like, subscribe & turn on notifications 🔔 so you never miss an episode of Path of Progress!📲 Follow us:Instagram → https://www.instagram.com/pathofpro/Facebook → https://www.facebook.com/pathofpro/LinkedIn → www.linkedin.com/in/pathofproTikTok → @pathofpro#PathOfProgressPodcast #ScottCarson #AlexKononov #NoteInvesting #RealEstateInvesting #PassiveIncome #FinancialFreedom #BeYourOwnBank #DarkSideOfInvesting #PersistencePays #RealEstatePodcast
