Wanting to buy notes from individuals

[Austin S.]

I am looking into purchasing some notes. I have a list of private mortgage lenders in my county as a starting point. Do I want to craft a letter and send it out to the note holder? That seems fairly impersonal and didn't know what a response rate might be. Or would I be better served cold calling them? In either instance, what are some talking points to start the discussion with the note holder besides "I'd like to buy your note at a discount" LOL