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Updated about 9 years ago on . Most recent reply

Advice on dealing with smaller troubled banks
Hello,
I am targeting the smaller troubled banks for property. Does anyone have any advice on how to handle the asset managers? Tying to come up with a strategy but I am new and would like to know what to expect so I am not going in blind. Thank You
Most Popular Reply

Jay Hinrichs
#1 All Forums Contributor
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- Lake Oswego OR Summerlin, NV
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@Jason Welch I would say your about 3 to 5 years too late.. Most if not all troubled banks have either cratered IE a firm like Rialto bought them.. or have worked through their OREO.
Banks will always have some OREO buts it nothing like it was 2008 to 20012.
my community bank that I work with Has Zero OREO at this time for instance.
- Jay Hinrichs
- Podcast Guest on Show #222

JLH Capital Partners