All Forum Posts by: Telless Cade

This works for notes?

What are you guys saying on mailers? Want to be as concise as possible. I want to target seller-financed folks. 

I've been practicing running numbers on the notes and doing due diligence. My calculator and Excel have been pretty busy. 

@Terrence Evans

I went to analyze and then sell notes for now.

I've read some books on notes and currently going through the FIXnotes stuff. But the most teacher is experience tho and at a certain point I have to pull the trigger.

I really just want to broker the first few notes I get just to build up cash to buy some.

@Terrence Evans

Also I have been cold calling small banks and credit unions.

@Terrence Evans

NPN for that price. Off market ones so I'm guessing they most likely will be 2nd position. And yea the mailers are for off market.

I've seen some notes for sale on sites like FIXnotes and some are sub 1k in price. Should I avoid these?

I'm looking to purchase my first note and I was wondering how did you acquire your first one? I'm currently cold calling banks and I'm putting together a list now for mailers. Also I'm looking in my network to see exactly if any lenders I know could sell me some.

Am I missing anything?

Also, I have about 5K to spend. Is that enough?

I have the opportunity to join a large national firm (SVN) or a small boutique firm where I would be jack of all trades. I'm having a hard time deciding. Are there any benefits to joining a boutique firm over a large national one?

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