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Updated over 7 years ago,
Looking to Buy Bank Notes (NPN or PN)
Hello Bigger Pockets,
I am looking for more information on how to get started in this. I have done some initial research online while also connecting with people. I have heard a few different things about whether or not one can truly get into this business.
I have two questions. First, is LOAN MLS a legitimate site that sells real notes? Second, I have been approached by various brokers telling me they can get their hands on NPN and PN notes and sell them to me (of course for a fee). In fact, they have sent me excel charts with a list of both NPN and PN. But I'm a bit skeptical because there are a number of places online that say that these notes are only available to the big boys.
Any help, information or direction would be greatly appreciated.
Thanks in Advance