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Updated almost 9 years ago on . Most recent reply
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Performing notes - where do you buy them?
Hello Friends,
My question is to those who deal in notes and have first-hand real life experience: what do you think is the best way to source performing notes? I'm not looking for NPN/RePN at this time.
Thanks in advance!
Alex
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Bob Malecki
#5 Tax Liens & Mortgage Notes Contributor
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- Kingston, WA
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Hi Alex,
There are online resources for those looking to buy performing notes like FCI Exchange and Loan MLS. Also you may find some sellers on Linkedin. PPR also sells reperforming junior liens. Many note funds will liquidate their reperfroming notes to recapitalize their fund to buy more NPLs.
Bob