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Updated over 9 years ago, 03/13/2015

User Stats

298
Posts
150
Votes
Daniel Mohnkern
  • Investor
  • Titusville, PA
150
Votes |
298
Posts

Banks selling you a note?

Daniel Mohnkern
  • Investor
  • Titusville, PA
Posted

I just got an strange idea.  Is it possible to buy notes directly from regional banks?  And, do they generally sell notes at a discount?  My thought was, wouldn't it be interesting to get a loan from a bank as an investor in RE and then later buying that note as an investor in notes?  Is that even possible?  I could see it making sense if they were selling the notes at a discount.  Then, you could effectively get a discount on the real estate and pay no interest (to yourself).  Is that too far fetched?

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