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Podcast: Mortgage Note Investing Weekly
Episode: EP121: Bidding On UPB or the Total Payoff - When To Do Each
Description: In this episode, we dive into the nuances of bidding on UPB (Unpaid Principal Balance) versus the Total Payoff when dealing with performing and non-performing assets.Join hosts Rick Allen and Brett Burky as they discuss bidding strategies in real estate note investing, focusing on whether to base bids on the outstanding balance or the total payoff.They explain how it depends on the deal, the asset's performance, and the investor's goals. Rick and Brett highlight the importance of analyzing each asset and considering individual circumstances when determining bid strategies. They highlight the...