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Updated over 4 years ago on . Most recent reply
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Money for note investing
Sources of funding for notes both performing and non performing
Most Popular Reply
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It’s not odd at all to use a private lender to purchase debt. I do it all the time to acquire both performing and nonperforming notes. The reason someone is lending is to be passive in nature regardless of the end investment vehicle. Sure, the private lender needs to understand who and what they have lent on and be provided some security, but this happens all the time.
Funds come from in 2 types of sources; private lending, JV's. I think your question is do you go about finding private lenders. That's not an easy thing to just jump and start raising hundreds of thousands of dolllars to fund note purchases. They stem from relationships that have been ongoing for years and is built on trust and execution.