What if you could earn real estate-backed income without owning or operating the property? Shawn Muneio joins Chris Lopez to explain how investors can access private credit through performing second-lien mortgages and why today’s high-interest-rate environment has created new opportunities in this overlooked corner of the debt market.
Shawn breaks down how these loans are sourced, what protects investors when a borrower falls behind, and why equity coverage matters when investing from the second position. They also discuss Regulation A bonds, how they differ from traditional LP investments, and how nonperforming debt can offer an alternative way to source real estate.