Here is a story illustrating how it works through and Owner Financing . The Note Hunter
Elias had exactly $42 in his bank account. To buy a note, he didn't need cash; he needed a and a wealthy partner . how to buy notes with no money
He found a private investor, Mrs. Gable, who had lent $50,000 to a fix-and-flip artist three years ago. The flipper had vanished, the house was rotting, and Mrs. Gable was tired of the taxes. She held a "performing note" that had gone "non-performing." Here is a story illustrating how it works