Buy Distressed Mortgages

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Many cash flow seekers approach notebuying the incorrect way. They seek to purchase mortgages from sellers whom themselves originated the loans . Although it is a business model that could work , it takes alot more work . In most cases , these vendors usually originate a note on a property they sell and that is pretty much the end of it for them when it comes to originating more mortgages . They make a poor source for loans if mortgage buying is your goal.
Banks make a a lot better source for notes . They have an endless supply of them because it is their business to originate them. The approach is different when it comes to the banks, because when it comes to purchasing a bank note , the mortgage itself is usually non performing . For most notebuyers this is an scary scenario. Why would anyone purchase a non performing bank note ? Its simple, because you would get it at a deep discount to par value. This in turn will allow you to make a healthy profit if you can get it to perform again or exit out of it by short selling it .
The most difficult part of getting a bank mortgage is getting the bank to sell it to you. They do not have a department that is public that openly sells mortgages to cash flow seekers that request it. The good news is that there are companies that already have the connections in place to allow you to consistently acquire bank mortgage notes .
One of these companies is Apollo Financial Group. They have a trained staff that can help you through thepurchasing procedure . They can be found at info@apollofinancialgrp.com or through their url is at
invest in mortgages Their phone number is (866) 825 9350