Buying Discounted Mortgages – Terry Vaughan’s ‘Call Option’ for buying
August 6, 2008 by notebuyingprofits.com
Filed under Financing
On buying discounted mortgages: Two weeks ago I had the pleasure of meeting Terry Vaughan (whose wife runs creonline.com), and who’s a genius when it comes to paper of any kind. Terry was royally entertaining us at a conference that John Behle was running... Continue Reading»»
The Nonperforming Note Refi Play
May 10, 2008 by notebuyingprofits.com
Filed under Note Buying 101, Real-Life Case Studies
This is what it’s all about (from the LA Times): Jared Lanning, struggling to pay a home loan on which he owed more than his house was worth, was thinking he might just let the lender take back the property. Then he got a call one evening from an Orange... Continue Reading»»
Note Buying Updates – Boston’s 2ary Conference
May 9, 2008 by notebuyingprofits.com
Filed under Note Buying 101
Interesting conference in Boston these past couple of days – where I attended the MBA’s Secondary Marketing conference. Many note investors were slightly subdued – sellers are still expecting more than note buyers are looking to pay –... Continue Reading»»
Note Buying Business: The Secret Relationship Builder
April 28, 2008 by notebuyingprofits.com
Filed under Financing, Note Buying 101
OK, so it’s not really a secret, but it’s the simplest concept in Relationships 101 – if you want to build a relationship with someone (read “Bank”) that can be a source of note buying dealflow month after month, make it a point... Continue Reading»»
