Wednesday, March 4, 2009

Buying Defaulted Mortgages - Multiple Exit Strategies Needed

by Dean Engle I had a conversation with a new Note Buyer the other day, and he told me that he was launching himself into buying defaulted mortgages after spending a long time wholesaling properties. The thing that worried me was when he made the following statement. He told me that the reason why he was getting into the business of buying defaulted mortgages was not only for some good cash flow, but also to keep people in their houses. Please don't get me wrong, of all people I would be

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