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Note brokering is not for the faint of heart and frankly I haven’t the stomach to even consider it because of all the ways to make money it has to be one of the most risky and difficult.  There are just so many legitimate business opportunities that will pay you more for a lot less work that I can’t recommend note brokering.

Note brokering is the buying of debt (notes) from people holding them and then selling them to investors.  You have to work very, very hard to find the note holders, buy at a rock bottom price and then sell for a profit to your investor.  I can only say that people calling or emailing me have had very little success to report.  Finding the note holders is not easy and only the ones in trouble will be receptive to your offer.  Finding the investors is also a lot of work.

There are easier ways to make money.

 

This Entrepreneurship article was written by Gracie Bowers on 4/5/2006

Gracie Bowers is an industry established leader in reviewing and critiquing home based businesses. Her website, on home based business opportunities, HomeBizCritic.com provides a wide array of insite on available programs. You can even view thebest home based business which she uses to make her money, allowing her to have free time to write!