Where do you find note buyers? I pay cash for my rehab house and repairs. So from other posts that I have read I do not have to worry about DOSC when and if I owner finance a house. But I am curious about note buyers and how to conduct business with them. Any Info would be great.
Thanks
Phil
i believe they are also referred to as factoring companies
my 2 cents
Robert A. Doncaster, Jr.
Import/Export Entrepreneur & Investor
*** DO YOUR HOMEWORK ***
Chicago Illinois USA
& sometimes Salzburg, Austria
i believe they are also referred to as factoring companies
Huh?!?
Factoring (accounts receivable) and real estate note buyers are 2 totally, separate things.
years and years ago we use to refer to all those types as factoring companies…anybody who buys notes/bills…generic term…they are all in the same in my opinion…somebody will be buying the debt…the note is the same as a receivable,it is an account receivable in a form
my 2 cents
Robert A. Doncaster, Jr.
Import/Export Entrepreneur & Investor
*** DO YOUR HOMEWORK ***
Chicago Illinois USA
& sometimes Salzburg, Austria
Do a Google search for “Cash Flow Industry” you’ll find a lot of info there.