Buying Notes...

I’ve heard a little about this…but don’t know much about what it entails.

Anyone have a brief overview of what’s involved? The situation/logic of it…


I have had contact with two companies that have tried to get me to buy the notes from them. Both companies sent me the same 3 properties to look at. All three were ghetto houses that were ready to fall apart.

I recently had a phone call from the first company telling me that they had 15 more properties in my area coming up and they wanted to send me the list. This was a week ago and I have made contact every day and have yet to get the list of properties.

I would like to know other’s thoughts on this too and if anybody has had experience with this.