Ep #172: Everything You Ever Wanted to Know About the Distressed Note Buying Business – with Dave Van Horn
February 20, 2018
In today’s show, we’re going to not only dive deep into Dave’s business but also cover everything regarding the note buying business, including; raising private capital to purchase distressed notes, what types of notes Dave likes and why, the many ways to make money as a note buyer, how to build relationships with the bank’s asset managers, how to work with the borrowers to modify their loan terms, how to evaluate defaulted 2nd mortgages, working through the foreclosure process on your note, getting setup with a loan servicing company, what to do with any duds or bad notes that you might end up buying, how to get started, and much, much more.
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