I received the following question:
“Hello Dean, I have only been doing real estate for the last three years.
Can you please tell me, what is the difference, pros and cons of investing in the note vs investing in trust deeds/mortgages?”
My reply:
George, thanks for your question, let me address this one for you:
First, let’s get [...]
I received the following question:
“Hello Dean, thanks for your videos, they are very helpful, I only have some questions: what happens if once you buy and own the note, the homeowner files bk? How does it affect the note? And what is the best way to protect yourself from this?”
My reply:
Bankruptcy is [...]
On How to buy Notes:
I got asked the following:
“A partner and I have been fishing for some tapes and have stumbled across a 200 million dollar package from a major bank, But there’s a broker involved. Would you or anyone of mind have any interest in this?”
Here is my reply:
James, Dean here.
My 2 cents, [...]
On buying defaulted loans:
I recently received the following:
“… If a had a list of banks that sold notes to individual investors I would just concentrate on them!
It is one thing to ask for someones private contacts but I don’t see any reason that you cannot say X Bank sells, Y Bank does not. I have [...]
