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Updated over 6 years ago on . Most recent reply

User Stats

93
Posts
51
Votes
George Foster
  • Residential Real Estate Broker
  • Streamwood, IL
51
Votes |
93
Posts

Purchasing Notes from Wells Fargo

George Foster
  • Residential Real Estate Broker
  • Streamwood, IL
Posted

Does anyone have experience purchasing notes from a bank? I have a situation where the homeowner would like to stay in their home. My thought was for an investor to purchase the note then re-write the note at a payment the homeowner can afford.

Is this line of thinking correct or am I missing something?

Most Popular Reply

User Stats

385
Posts
399
Votes
Patrick Desjardins
  • Real Estate Investor
  • Amherst, VA
399
Votes |
385
Posts
Patrick Desjardins
  • Real Estate Investor
  • Amherst, VA
Replied
Originally posted by @William Asper:

^ You don't know what you're talking about... that's not true at all.

 Excellent first post William. You will go far.

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