Is A Commercial Note Buyer Different From A Residential Note Buyer?
The short answer to this commercial note buyer question is essentially no. That doesn’t mean that all residential mortgage buyers will buy a commercial note. Some just don’t like commercial property notes, but for those that do, the note buying process is pretty much the same as for residential notes.
There are also investors who commercial note buying specialists. We work with several. They don’t even advertise. I have one investor who likes private mortgage notes on income properties and therefore generally offers a much better price for a note than other commercial note buyers.