Note Mba

124: Investing in 2nd Liens, Case Studies and Turtle Pools

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Synopsis

Investing in 2nd liens has been the topic all month around here. And you know what? We're not about to stop now! On today's show we've got two phenomenal investor talking all about investing in 2nd liens. They drop some deal examples and case studies. We also cover some of the difference between the due diligence process on 1sts and 2nds. [smart_track_player url="http://traffic.libsyn.com/notemba/NMBA-Episode-124.mp3" title="" artist="Note MBA" social="true" social_twitter="true" social_facebook="true" social_gplus="true" social_linkedin="true" social_pinterest="true" social_email="true" ] We kick off today's show talking about some wall art in Gabe Kass' office. It's a wonderful piece with four Chinese characters paint laterally. Roughly translated that characters mean, "If you work hard you will reap great rewards." Not sure there has ever been a more fitting quote to start a show off with. Investing in 2nd Liens Kicking us off Kimberly Bank Fawcett talks about a 2nd she recently acquired in Miami. This par