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Challenor Jack
  • Investor
  • Morton Grove, IL
14
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26
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Newbie to Notes

Challenor Jack
  • Investor
  • Morton Grove, IL
Posted Mar 31 2015, 08:35

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.

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