It's your lucky day, cnmor54, I have nothing to say that requires a decoder ring today!
All I can say is it requires patience. And you're definitely going to want some filters like Interest Radar offers, or any other site (if any others are even out there). Half, if not more, of the money's made in the buy. If someone wants out they're going to get out, even if they have to post at a hefty discount to do so. If you've just spent all your available cash the day before on B notes, you're not going to be able to take advantage of that.
For example, this morning I posted 130+ notes at 20%+ discounts that were current, and many of them had nothing wrong with them at ALL (perfect payment histories). Some had 1 grace period payment many months ago, big deal. All had decent FICOs. They just weren't selling like they usually do, I don't know if it's this shutdown stuff, the VIX, or what. But I'm not a buy-and-holdie so I'm getting rid of them at a loss. Those notes are going to make somebody very happy. That person could be you.
Go in there, search for 'never late', sort by discount, make sure the payment's not settling today or tomorrow, and start buying.