Friendly Junior Note's - Just another key to REI
of the junior loan can cure the underlying senior loans and then foreclose on the newly acquired junior loan.
The sale of the property through the junior loan can bring immediate return on the face value of the junior loan of the acquisition of the property with attractive equity and or profit upon flipping.
This is one of the most overlooked areas in dealing with foreclosures!
As always - You still need to do your research on the subject property!
If you have dealt with this form of investing - share your success story by posting a comment!
The sale of the property through the junior loan can bring immediate return on the face value of the junior loan of the acquisition of the property with attractive equity and or profit upon flipping.
This is one of the most overlooked areas in dealing with foreclosures!
As always - You still need to do your research on the subject property!
If you have dealt with this form of investing - share your success story by posting a comment!
Comments(0)
Anybody doing this? I would like some details if you have the time, thanks ahead of time.
Kelly
When someone sells a property (it can be a house, apartment building, commercial property or even a business) and "holds" or "takes back" some or all of the financing you can buy that note and sell it to an investor.
Or, you can keep the note and now you collect the monthly payments.