All Forum Posts by: Christopher Kelly

Thank you @Jason Rawlings, great information.

Thank you Kevin Yeats, Jo-Ann Lapin, John Thedford, Bob Malecki, Michael Biggs, Les Goss, Ed W., Mike Hartzog for the great responses.  I will continue to research and offer it appropriately.

I want to sell.  If i were to list at full value do you think I would get offers or would it be better to discount say 5% or so?

I am sorry, I don't understand.

What would be a fair value for this note? Original loan amount $106,000, 15 years, 8% interest. Perfect payment history of 31 payments since originated 6/30/13. 3000 square foot home/business located on highway 395 in Red Mountain, California. Zoned res/com. Current balance is $95,489 and has 149 remaining payments.

Thank you both.  Any idea on discount %?

Where are the best places to sell a performing note?   3000 square foot home/business located in Red Mountain, California. Zoned res/com.

Jason,

Thank you so much :-) I will attempt to put together a list to call next week.  I will email you soon.  I hope to move to North CVarolina in the next couple of years.

Does anyone know where or how to locate a list of mortgage hedge funds.  My online searches have only provided very large funds.

I have researched NPNs and all aspects from funding & negotiating to accounting and legal.  I fell int to 2 deals 8 years ago that did very well for me.  My question now is once I locate the bank representative or fund manager does anyone have a scripts or suggestions on how to successfully start the relationship or open a dialog?

After being in sales I have an idea and will set up a both email and phone follow up, it is the initial contact that concerns me.