They have a lot softer lending standards than most banks. Many of our note buyers look only to the equity for the loan, and do not have strict credit requirements. Or a note with increasing payments. It is what makes note brokering so intriguing and challenging. If you bother to learn to manipulate loans, you are far better equipped to do deals, and make profits.
Financing is the key.
Jon Richards, Publisher, NoteWorthy Newsletter. All Rights Reserved.