Posted by Neil (MD) on March 26, 2000 at 24:44:47:
I’m getting ready to enter the real estate business. What I plan on doing is to buy houses through seller financing and then sell them to new buyers and carry the note. I’m looking for any books I can find that would help me.
I’m trying to understand these two issues so that I can assess the risk in carrying a note:
I want to learn the way that a bank, mortgage company, investor, etc. would asses the risk of a payor.
I’d like to understand the foreclosure process better so that i’m prepared if it does happen and so that I can make sure that the returns are worth the risk.
Does anybody have any reccomendations?