All Forum Posts by: Or Yeger

Dion, first of all I thank you for the long and detailed answers, i have no problem with your honesty.

I know that I can't myself service notes, I guess I wrote "setting up the payments" in my mind was like boarding the notes to a service company that has all the knowledge about regulation etc.

Also as in JV maybe I don't have the right knowledge but I meant as two people coming together in some sort of a contract or LLC, one is the investor and one is the "know - how guy", of course I don't think that at this stage I would be the "know-how guy", I just wanted to figure out if there is any customary terms in notes like 50-50 split or whatever.

Also this post is part of me learning, I read the forums and read some books, viewed some videos and wanted a bit more information and answers to stuff I had in mind, I thought about pulling the gun on investing in a note as part of a JV so I could learn from and experienced investor.

I don't take this business lightly and I don't expect rainbows and unicorns just yet, I know I have big gaps in knowledge but that's why I try to learn and digest as much as possible.

Dion thanks for the long answer.

I failed to understand #3. did you meant not to do JV?

thank you for the info Jay and Brett.

Brett, in question 2 I confused myself and meant paying 80%-90% UPB not getting a discount of 80%-90%.

I think I confused myself with the word discount. i meant paying 80% of the upb not paying 20% (=80% discount).

Are there notes that are performing since inception ? those notes probably I expect paying higher rates.

how come they are sold with such a discount ? am i mistaken but 1st non-performing are sold at the same rates ?

Hi John, can you extend on it please? what should I expect paying on a preforming note ?

I`m a total newbie so I have some question after reading and listening to a lot of materiel here and on the web.

1) what do you look for in the due diligence process of buying a performing note?
2) what discount should i expect to get 80%-90% UPB?
3) from your experience what are the terms of investing with a JV when someone gives 100% of the funds and the other party puts in the work/sweat (sourcing notes, setting up the payments, negotiations etc).
4) what would you say the advantages of performing notes upon regular real estate investing (buying a house and renting).
5) what kind of return should I roughly expect?
6) in theory how would you go about building wealth with performing notes? arbitraging bank loans to buy notes for example ?.

I hope it's no to much questions, hoping for some good answers.