New to Note business... any recommendations ?

[Sam Naoum]

Been a flipper for over 10 years.. trying to switch to note business... any recommendations how to jump start

[Jay Hinrichs]

one thing you might want to consider is what particular niche do you want to concentrate on.

you have owner occ notes..  the most highly regulated note and you need to be really up to speed on all the laws that pertain to those.

you have commercial paper  NON owner occ.. not much in govmit rules so it comes down to the collateral and the borrower 

you have first position and second postion.. rates of return on these can vary greatly you want to know the difference.