Episode 38: Reading the Borrower Credit Report

Real Estate Note Investing · May 7, 2026 · 4m · transcript

Most note investors know they need to check the property — but for a second lien holder, the borrower's credit report tells you more about your risk than almost anything else. In this episode, we break down how to read a credit report and what it reveals about your deal before you ever speak to a borrower.

🔍 What you'll learn:

✅ How the current address on a credit report gives you a first read on whether the borrower is living in the property

✅ What the senior lien trade line shows you — and why the reported date determines whether any of it matters

✅ How to read a payment string and what the…