Posted by GJ on March 20, 2000 at 20:06:39:
Thanks John. I still didn’t get the material but I am sure they are on the way.
While I have bought and sold properties and carried a couple of the notes, I have never bought a note. I have the opportunity to buy a couple of notes and I am trying to figure out the things I need to include in my “due-diligence”. The notes are well seasoned and the discount will make them a great return. Where I need the help is understanding the right rocks to turn over and steps to take. I understand how to calculate the return, just want to make sure I don’t get burned or miss something. Easier to learn from all of you than make the stupid mistakes. (I have made a few of them on buying and selling property. )
Thanks for your help John.