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buy discounted mortgage notes

November 6th, 2008 by admin



buy discounted mortgage notes
investor looking to buy notes at 12-15 % return quarterly. Is this possible or a scam?

There is a small co in north carolina that buys a bunch of first mortgages at a discount and sells them at a higher price. As an investor I am given a high return for this. Seems too good to be true

the only 15+% I am seeing now are small loans through
PROSPER.com
it is a peer to peer mico-loans that are made
you would to see it to understand it more
the owner of E-Loan started this

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