Most note buyers throw out a number and hope the math works out — but knowing how to calculate your max bid price is what separates a disciplined investor from someone who learns expensive lessons. In this episode, we break down the pricing logic that drives every offer in the secondary mortgage market.

🔍 What you'll learn:

✅ Why performing and non-performing loans are priced in completely different ways
✅ How lien position determines which value anchors your bid
✅ How to calculate equity coverage and what it tells you about pricing
✅ Why the status of the first position loan can make or break your offer
✅ Why your max bid should always be built around the worst-case scenario — not the deal you hope plays out

This program is for informational purposes only and should be independently verified before taking action.