The biggest hurdle to get over for note investors is the problem of the discount. For the most part, the note holder has done little or no due diligence before agreeing to carry the paper. Yet they expect the note buyer to ignore underwriting the risk by paying them “full price” for the note. I [...]
Leverage
USING LEVERAGE “OK, OK, I got it up Henry”, said my father. “Now get the long crow-bar and stick it on top of the little rock and under the big rock as far as you can”. “Good, now pull down on the end of the crowbar as much as you can”. “See it moved about [...]