Looking for someone who has experience in debt buying. I have already done a lot of research but still have a few questions only someone with experience would know. Any tips are appreciated
>>1797243
I bought my own debt from an agency after defaulting on student loans.
>>1797269
I'm more looking for buying debt portfolios with hundreds of accounts. What was your experience though? What was the rate you paid?
>>1797269
>Buy a house
>dont pay for it
>foreclose
>buy it back at 1/3 of the price
Sounds like a solid plan.
>>1797290
Aside from the fraud part yeah...
>>1797243
Just buy $MORL and use a stop loss.
>>1798134
You dont need to buy it, have a partner buy it. Probably destroys your credit but think of the money.
I've been buying mortgage debt for awhile, though I haven't done anything with unsecured debt, it just seems too risky.
At least I get a house out of the deal if someone stops paying.