Non Performing 2nd Notes

[Tasha Mckoy]

Hello BP,

I am interested in purchasing non performing second notes. There are many companies out there that sell them, but in reading up on the subject, it was suggested that we not buy notes that have be sold several times in a short period of time, say a year or so. Many of these companies resale them quite often and that is a concern for me. Are they any trustworthy companies or entities that sale equity 2nd mortgage notes as a principal seller? Should make connections with hedge funds that buy them in bulk and break them down into smaller portions?

Thanks,

Tasha