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Updated almost 14 years ago,

User Stats

408
Posts
196
Votes
Kevin Kaczmarek
  • Real Estate Investor
  • Fishers, IN
196
Votes |
408
Posts

Avoiding Daisy Chain Notes

Kevin Kaczmarek
  • Real Estate Investor
  • Fishers, IN
Posted

Calling all Note experts.
As we are growing our business we generate and sell approx. 250 notes a year. We want to make this a fixture in our business but as we continue to grow we realize that we will not be able to originate 1000 notes a year on our own with the infrastructure we have now. My question to those that have been in the note business for a long time is how do you find consistent sources of notes?
Everytime we "interview" a prospective supplier/partner all they want to do is broker someone elses garbage notes to us.

I realize that 90% of notes are not worth the paper they are written on, so its imperative that as we grow we find legit sources that can deal in volume.

Those that have experience in this arena, please let me know your thoughts. The floor is yours :D

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