Just another day in note investing...

[Chris Seveney]

Who wants to throw $12K into a second lien on a borrower who’s likely to default? 🙄 What’s the plan if they actually pay or (surprise!) file for bankruptcy? Investing without a solid exit strategy is like playing poker without looking at your cards.

What is ironic is I just recorded a podcast coming out in two weeks where I break down the mistakes investors make when they gamble on hope instead of strategy.

Don’t be that person. - Next Steps - move on to another deal.