Note Investing

[Ryan Washington]

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.

[Bob E.]

@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.