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Updated about 1 year ago on . Most recent reply

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Sylvia Spallinger
  • Investor
  • Coral Springs, Fl
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Note Newbie looking for Investment Opportunities.

Sylvia Spallinger
  • Investor
  • Coral Springs, Fl
Posted

Hi Everyone! 

Note Newbie here. After completing a Note class, I have come to realize, in 2 seconds flat, that I have a lot to learn. I am glad to be here and I am looking forward to making new friends, and business connections.

I am looking to buy 2nd position, non-performing notes. If anyone have a Tape list I can join, please add me. Or point me in the right direction. Thanks

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Chris Seveney
  • Investor
  • Virginia
17,225
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied
Quote from @Sylvia Spallinger:

I took a class called Mortgage Note Investing: Distressed Second Mortgages 

I was educated that: It was a great way to create passive income without the risk that comes with investing in the 1st position. The UPB is usually lower which make it more affordable to the average person.

I chose non-performing 2nd position mainly because that what was presented to me at the time. I looked into it. There seemed to be more pros than cons. The mentor seemed to be doing well, so I dived it. 

Now that I am in the water, things appear a little different than stated, however, I have three years before retirement and is welling to give it a try

 if you want to learn 2nds - @Robert Hytha would be who to go to btw

  • Chris Seveney
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7e investments
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