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FIXnotes
deal sourcingPodcast6 min
April 9, 2026 · Robert Hytha

Calculating Your Max Bid Price

Most note buyers throw out a number and hope the math works out — but knowing how to calculate your max bid price is what separates a disciplined investor.

Ep. 340:00
5:11
  • What you'll learn:

  • Why performing and non-performing loans are priced in completely different ways

  • How lien position determines which value anchors your bid

  • How to calculate equity coverage and what it tells you about pricing

  • Why the status of the first position loan can make or break your offer

  • Why your max bid should always be built around the worst-case scenario — not the deal you hope plays out

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