Hello Guys,....
I have some interest in diversifying into Notes. I'm interested in a gradual shift. So I've decided to use my current resources (network and knowledge) to do so. The model i am pursuing is one where I acquire the DEED/TITLE on the subject property first, then seek to purchase the 1st position note. I am thinking this will allow me many options in terms of speed with modification and short sale should i choose that path. Also it also opens up the opportunity for seller financing and later selling that note for a lump sum.
This is just my thinking, I welcome comments on the feasibility of my strategy from the Forum. Also, How would i go about seeking to purchase a particular note? Are there note investor out there who are interested in purchasing first position notes? Most of the chatter is about 2nd position notes.
Thank you!
