How to Buy Notes – Know Your Note Buying Enemies
How to Buy Notes…Know Your Seller You’ve probably heard of Sun Tzu’s (the famed Chinese warrior) instruction to his soldiers to “know your enemy” before going into battle. Well the same is true with note buying. “Know your seller” should be the mantra for every note buyer (and broker for that matter!). Why? Because if you don’t “know” your seller then you might be entering a negotiation with them without having any idea of their key negotiating points.
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