Updated over 5 years ago on . Most recent reply
Exit strategies for Notes
What are some of the possible exit strategies you may have when buying mortgage notes?
Most Popular Reply
Brett nailed it, and for my favorite answer, it depends.
There are plenty of posts here on BP that go in to detail about a few of the exit strategies and I employ a lot of them.
From buying nonperforming, then getting it re-performing and selling (or holding for a high yield). Buying performing and just collecting passive income, mailbox money some might say but it’s not so don’t be fooled. Buying semi-performing for an even higher yield than performing. Partnering with a rehabber who does seller financing and buying their notes at a great price AND both parties win. Buying nonperforming and taking back a property to turn into a rental or another seller financed note. Buying large pools of loans and cherry picking what you want and flipping the rest. Buying performing and then selling a partial.
My point is there are plenty.