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Updated over 10 years ago,
Doc needed to purchase private whole loans
Anyone have the docs needed to purchase private party whole loans? These loans are not being purchased through a bank... If not can someone point me in the right direction?
I think I need a Mortgage Note Purchase and Sales Agreement and a Mortgage Assignment Agreement along with my simple assignment contract which I already have... Just looking for the first 2 docs and trying to confirm these are the correct docs needed.
I will be purchasing the loan at a discount and wholesaling it to another investor.
Thanks