Not sure what to do with this- Any ideas? - Posted by Jim C

Real Estate Investing
1

Posted by Ronald * Starr on July 25, 2001 at 15:10:50:

Jim C----------

If the holder of the note will sell it at a discount from the amount owed, you could make money. Either you hold the note and get a high rate of return. Or else you resell the note to some investor or company and get more for it than you paid for it.

There is another forum for this “notes and cashflow” or something.

If you wanted, you could call me at (510) 534-6472. Best times are 7:00 am to 8:30 am and after 7:00 pm, pacific time zone. I would be willing to help you.

Good InvestingRon Starr**

2

Not sure what to do with this- Any ideas? - Posted by Jim C

Posted by Jim C on July 21, 2001 at 09:40:08:

Any ideas on what I can do for this?

I have someone that wants to sell a mortgage. The mortgage has $124K left on it. I’m sure the house is worth more than that because of its location.

My question is what can I do with it? I’ve never studied anything about buying mortgages.

Any suggestions would help me out a lot. THANKS!!!

Jim C