Hey everyone. I have been reading about companies that buy mortgage notes. Has anyone had experience with this. Is it a good or bad thing?! :-\
Kind of a vague question. Good or bad how and who and what and when? If you need cash and have a note it may be good to sell the note to someone really fast if the discount is not too much. If you have cash and can find discounted notes that yield great returns it can be good as well. A lot of folks look at note buyers as vultures but even they have to eat.