Updated over 8 years ago on . Most recent reply
Best way to invest in notes?
Can anyone recommend the best way to invest in notes as far as finding them? Is a note broker the best way? And does anyone have any referrals? Thank you!
Most Popular Reply
Eric Hyde
If you never invested in a note before I recommend you partner with an experienced investor. Buying notes is like buying anything else, the more levels from the source you are the more you are going to pay. Buying from a broker you will typically pay more than straight from a fund or bank, but the flip side is many hedge funds and banks will not sell to a novice so it's a catch 22.
There are sites like FCI, Madison management, loanmls, direct source that sell notes. Make sure to do a lot of due diligence whoever you buy from.
- Chris Seveney
