Updated about 12 years ago on . Most recent reply
Note due dilligance
I'm curious to hear how you determine property value when looking at a note to purchase.
If you are looking at a loan level purchase or even a small pool, what methods do you use to determine property value before making an offer?
Appreciate any feedback!
Josh
Most Popular Reply
Just as you would for a home purchase, you should run comps and calculate the value based on those comps.