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 [...]
Sale Lease Back
AND THEY ALL LIVED HAPPILY EVER AFTER “Henry, there is a man on the phone and he is very upset” said my secretary. “What is his problem”, I asked. “He’s yelling about the book you wrote about Teeny-Boppers”, she said. “Teeny-Boppers? “Oh well put him on”. “Henry Dvorken, may I help you?” “Are you the [...]