Posted by David Alexander on March 24, 1999 at 14:13:25:
Yes, definitely Good enough, if it’s good enough for you it’s good enough for me.
How much money would like to place at that kind of yield?
You have to decide what kind of yield you want? And only you can decide that. If you have money to place and don’t want to actually do the deals, I would say sure. On the other hand I create Mh notes at much better yields. Heck I create Re notes at better yields. What’s it worth to you to place the money in a deal rather than create the deal is the real question?
Another little bit of food for thought is could you find someone to refinance the people, could you restructure the payments, and on and on.