Non Performing Notes

I have noticed that there are a lot of people involved in real estate nowadays, especially the fix and flip market. I see the banks are not addressing the under-served side of the consumer base, meaning people that earn less than $150,000. Home ownership, as far as home values go, is not typically served or addressed by the banks. There’s ...

One of the most important parts of creating a high-quality note has everything to do with the information that the note holder gathers on the borrower. Meaning that when you’re creating a mortgage or a note or carrying back a note or mortgage on a property, you want to make sure that you have a 1003 on that borrower or ...

Non-performing loans (notes) are ripe for high rates of return and potentially, large profit margins. The economy is improving, be it at a very slow rate, therefore bank regulations are still encouraging lenders to rid themselves from certain non-performing assets. Currently, there are millions, maybe even billions of dollars’ worth of outstanding debt in single and multi-family real estate loans. ...

The housing market today in America is at a new high for homes that are in foreclosure. Jumping from 27% from September to October alone per the recent article in Business Insider.  The housing inventory appears to be at an increasing rate of foreclosures. Especially FHA and VA loans that typically carry low down payments. In this recent article with Business Insider, ...

Buying non-performing notes or loans is an excellent way to invest in real estate. Non-performing loans are the type of loans which the borrower is behind on or has ceased making payments. Previously, banks would foreclosure on these kinds of loans and sell the property attached to the loan, but banks are currently selling these notes without foreclosing. Whereas some ...