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Updated over 5 years ago, 08/03/2019

Jeff B.'s profile image
Jeff B.'s profile image
Jeff B.
  • Buy & Hold Owner
  • from Redlands, California
  • Member since Oct 28, 2015
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5,544
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Jeff B.'s profile image
Jeff B.'s profile image
Jeff B.
  • Buy & Hold Owner
  • from Redlands, California
  • Member since Oct 28, 2015
Connect
Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
2,363
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5,544
Posts
Tax Liens & Mortgage Notes

Why non-performing notes?

Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
Posted

I can understand investing in notes backed by real property.

I can't understand intentionally buying a non-performing note.

In either case, the only security is a position in the foreclosure queue, but unless you're in a position to buy out all superior notes and liens, you loose.

Can anyone enlighten me?

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