Buy Notes – Knowing Your Borrower
Posted on May 31st, 2009 by Carl Vanderpal
by Dean Engle Buy Notes - Do You Know Your Borrower? I recently was on a call with a Sr Vice President of a California bank, they were in charge of the banks note sales. I was introduced by a broker friend of mine. The SVP has 3 non-performing loans, commerical loans in the LA area. Ignore the fact that they’re commercial right now. Communication with Your Borrower, a Lesson on Buying Notes Hear me out… So the SVP told me that one of the loans has a foreclosure sale scheduled 2 w
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