BawldGuy audio with Jeff Brown and our guest Dave Van Horn.

 

 

Topics:

1. Why do investors buy these with less equity behind ‘em than appears safe?

2. What’s your experience with them, as I’ve had much more experience with junior position notes than first position.

3. How are junior liens secured by real estate treated in BK court?

4. In general, how do note investors fare in foreclosure?