Updated about 11 years ago on . Most recent reply

Startup Capital - What did you use?
I'm curious as to how others got started in the paper business. In my case I began buying notes with money that had been saved and previously invested elsewhere.
What was your source of start up capital? Did you use savings, a self-directed IRA, get a loan, find business partners with cash but no time, PPM investors......?
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Bob Malecki
#4 Tax Liens & Mortgage Notes Contributor
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I started with self directed IRA funds and still using that resource to build up our retirement income. Also set up a Reg D private equity fund to raise capital to be able to purchase larger pools and expand our reach.
Bob