When I started out in the note buying business, my biggest question was “How much do I offer and how do I word it?” I really didn’t know how to do that, and was terrified that whatever I put in my offer to buy these nonperforming loans was going to be wrong, and that I’d [...]
Our 4-part Note Buying webinar on ‘Managing & Exiting’ begins tomorrow so if you feel like you don’t know all the ways to manage and exit a “note deal” once you get into one - this is the Webinar for you. If you can’t make it or are reading this too late: no worries, we [...]
Thanks to the folks who came to our note buying seminar in San Francisco yesterday! I think we overwhelmed them with some of the information we had available. The feedback was fantastic - we’ll share some with you soon.
If you missed it: we will put on various note buying online courses, for example one on Step 2 [...]
More signs that the opportunity for investors to buy non-performing notes is growing. (Downey sells to investors, by the way).
Here’s Downey’s non-performing loan portfolio (with thanks to calculatedrisk):
Click ( here for larger image).
What’s interesting here is that Downey’s working to restructure or modify a growing portion of these loans (as are most banks). A full [...]
