Updated over 5 years ago on . Most recent reply
Note Investing
Hello BP,
I am interested in getting into note investing. I wanted to know if you guys know where to start and what type of strategies you have experience with. Thank you guys.
Most Popular Reply
@Arthur Mayer Pricing is going up. A lot of the guys I take to that have been doing this are shifting to the Performing side, you pay a little more for the note but it cashflows from day one, rather then being a monthly expense.
Challenges are
- Making sure the chain of assignments are all valid.
- Verifying the value of the collateral.
- Rehabbing and getting PM in place long distance.
- Paying back taxes and making sure title is clear.