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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] JBB question... Posted by 2nd Fred on May 16, 2003 at 8:29 PM Hi Ward, After seeing you in HB a couple of months ago and reading your message board, I've become more interested in Junior Bene Buyouts. I have a really simple question that will probably take a more complicated answer. How do you make any money? If I buy a junior loan, then bring the foreclosing loan current to stop the foreclosure, do I then start foreclosure proceeding? If so, then again, how do I make any money? Won't I only be getting back the money that I've invested which would be the cost of the junior and whatever I paid to bring the senior current? I'm confused. Thanks, Fred Follow Ups: Buy low, sell high Ward-CA- 5:57 PM, 05/17/03 (4) Re: Buy low, sell high 2nd Fred 7:06 PM, 05/17/03 (3) Re: Buy low, sell high travisf 7:24 PM, 05/17/03 (2) we got hit with a BK Lughead 8:49 PM, 05/17/03 (1) Re: we got hit with a BK travisf 8:58 PM, 05/17/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Hi Ward, : After seeing you in HB a couple of months ago and reading your message board, I've become more interested in Junior Bene Buyouts. I have a really simple question that will probably take a more complicated answer. : How do you make any money? If I buy a junior loan, then bring the foreclosing loan current to stop the foreclosure, do I then start foreclosure proceeding? If so, then again, how do I make any money? Won't I only be getting back the money that I've invested which would be the cost of the junior and whatever I paid to bring the senior current? : I'm confused. : Thanks, : Fred Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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