Banks, who are in the business of assessing risk and lending money at a rate that is "risk adjusted" based upon expectation of getting paid, are selling some of their loans at 20% of face?

I'm assuming that the type of broker you are dealing with is what is called a business broker---I wasn't aware that the margins where so rich in that area, did he suggest 10% with a straight face?

Then I take your loan balance, $19,776 and using the discounted cash flow/present value functions on my financial calculator and calculate back to determine how much (or little) I have to invest today to buy that mortgage in order to turn its (face value) yield of 12% into a yield to me of 20%.Back in grad school and when I worked I was actually pretty good at doing this.

He looked at me with a blank look on his face and after a long silent pause, he said, "That wouldn't happen because I would know if the deal was going to close or not."

Also is there a name to the face or should we keep calling you synergy123?

But, I don't think courage is the opposite of fear, but rather action even in the face of fear.

I am interested in a face to face meeting with anyone who wants to get together.

They may face a redemption period before they get a clear and marketable title.

When meeting individuals face to face, things tend to work out a bit easier.

Egg everywhere, especially my face!