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Recently I read an article that had a historical reference within it that stood out to me. I think that you will find this interesting.

We say all the time the note business is simply the financing side of real estate. The note business has been around as long as people started borrowing money to buy real estate.

Below is a page of a will dated 1915. The will belongs to Fred Trump, grandfather of Donald Trump. Donald’s grandfather not only acquired real estate but he also owned mortgage-backed notes.


The will was recently posted by and used in an article by NY Daily news.

Eddie Speed
Founder at Noteschool
Eddie founded NoteSchool which is a highly recognized training company specialized in the teaching of buying both performing and non-performing discounted mortgage notes. He is the owner and president of Colonial Funding Group LLC, which acquires and brokers discounted real estate secured notes. In addition, he is also a principal in a family of Private Equity funds that acquires bulk portfolios of notes.

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