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Updated over 8 years ago,
Best Ways to Buy & Invest in Non-Performing Notes at NoteCamp 2.0
I'm on Day 2 at Note Camp 2.0 organized by Scott Carson & WeCloseNotes.com, where I'm learning so much about strategies to use for investing in non-performing mortgage notes! Scott Carson gives excellent education on the topic, covering the many strategies that can be taken when you buy owner-occupied non-performing 1st lien mortgage notes at a discount from banks or hedge funds. The biggest & best way is to actually be able to help the borrower stay in their home. Most borrowers have had difficulty getting help from the big banks, but when I buy that note, I then become the bank to help rehab that borrower by modifying their loan to make it more managable for them to remain in their home. There are other strategies available, which I'll post about soon. Stay tuned! If you're interested to know more, you're welcome to pm me about it!