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Updated over 11 years ago on . Most recent reply

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Derek W.
  • Investor
  • Kern county Riverside County, CA
261
Votes |
494
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Marketing for owner carry notes

Derek W.
  • Investor
  • Kern county Riverside County, CA
Posted

I just bought a note from a lady who sold her house and carried back the financing. The guy she sold it to never made a payment. She was too broke and didn't know how to get him to pay. I was able to discount the note for a great price and get her some cash to fix her car so she doesn't have to walk to the store anymore. I found doing the negotiation and workout to get the note performing to be very enjoyable and fresh for a burnt out rehabber. Lol

I want to do lots more of these.

Question: How would I find the data to market to more owner carry note holders?

Most Popular Reply

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6,201
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4,343
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Dawn Anastasi
  • Rental Property Investor
  • Milwaukee, WI
4,343
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6,201
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Dawn Anastasi
  • Rental Property Investor
  • Milwaukee, WI
Replied

What type of discount did you get?

What is your plan for getting the note performing, or are you just going to foreclose?

Sorry I answered your question with more questions! I'm just curious as to why people buy NPNs. I've never done it myself before.

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