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Updated almost 10 years ago,

Mark K.'s profile image
Mark K.'s profile image
Mark K.
  • from New York, New York
  • Member since Feb 9, 2015
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35
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6
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Mark K.'s profile image
Mark K.'s profile image
Mark K.
  • from New York, New York
  • Member since Feb 9, 2015
Connect
Mark K.
  • New York, NY
6
Votes |
35
Posts
Starting Out

What does it mean to "carry back the loan/paper/mortgage"?

Mark K.
  • New York, NY
Posted

Hellp BP Fam,

What does it mean to "carry back the loan/paper/mortgage"?  Could you provide a contextual example?  

I am researching note buying and have heard this phrase brought up a few times.  Thank you in advance!

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