Posted by Jeffrey Short on December 10, 1999 at 17:35:28:
First of all, I didn’t consider your message to be negative… realistic and curious, yes.
When I started to look into doing RE Investing, quick-flips or simultaneous closing is one of the areas that interested me. And yes, I was approach by a couple of “salesmen.” I did sign up with one person who has been real helpful answering questions and such. Instead of making this sound like a commerical, please email me privately and I will give you his name and email.
When you mean “big discount”…how big? I have seen some offering to purchase a note for a 5-10% discount…and I have seen worse. How much of a payoff are you looking for for each deal? For me, I am only looking for, as a minimum, a $5K payoff. It may not seems like alot to most people here…but I am willing to do alot of “little” deals, if it helps me move towards that “big deal” down the road.