Newbie to Notes
Hi all,
I am looking to get started with notes investing. The more I read the more I am confused as to where to begin. So here are some of my questions and I hope someone can point me in the right direction.
- Should I start off with a pool
- Should I cherry pick
- Non performing 1st or Performing 1st
- Non performing 2nd or Performing 2nd
- At what point do you get a servicer(before getting a note or after the purchase)
- Total funds needed ( 10K, 20K or more)
- Solid due diligent techniques needed to separate the good from the bad notes.
I appreciate all that take the time to assist me and I am sure once I have this process down I will surely appreciate it.