James;
Its all about relationships… the secondary market is very fragmented right now.
I am not a big beliver in the online listing services as most of the time as you stated its BROKERS listing notes to OTHER BROKERS…
The bigger institutional houses are reeling from the market that exists as well and our either no longer “trading” or even in business.
A good master broker - with a long term in depth network of contacts can be invaluable in assisting you in placing Notes in a market like todays.
Continued best to your success;
Michael Morrongiello
Paper Practioner www.sunvestinc.com
Now in our 26th + year!
Author of the following home study courses;
Paper Into Cash - The Convertible Currency - How to Effectively Create Marketable Real Estate Notes
&
The Unity of Real Estate & “Paper” - Advanced techniques for both the acquisition and disposition of properties using Real Estate “paper”
I am looking to start note brokering. I have some leads on some notes but am having a hard time finding a place that buys them. The places I find are either other note brokers or dont want to deal with brokers. Anyone know a good place to search for buyers.