How Do You Avoid Note Buyers Scams?
Note buyers scams are constantly growing, making fools of people who are looking for good, solid investments for the long term. While there aren’t many scams out there targeting the owners of private mortgage notes, who can easily sell the note to make a lump sum of cash when they need it, there are many who take advantage of those who are looking at starting a note buying business. Note buyers are often legitimate businesses, but scams crop up that are taking advantage of those who are thinking of starting their own mortgage note buying business. Step 1 Don’t bother taking a class on mortgage note buying from anyone that claims to be making a ton of money by buying mortgage notes. The simple fact is that those expensive classes you sign up for are where a good chunk of the money that they make is coming from. You don’t need to take a class to find out about how to buy a mortgage note. Step 2 If you want to make money in real estate and you think that buying a mortgage note is a good o
