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Updated over 1 year ago,
Non Performing Note Broker
I've been a buy and hold investor for several years now and now I want to start investing in notes. Is there a broker that will allow me to buy non performing notes in certain zip codes? The strategy I want to try is to work with the borrower to try to get the note performing and thus increase it's value and turn around and sell it. My plan B if this doesn't work as I hope is to just foreclose on the properties and add them to my portfolio which is why I only want to buy notes in zip codes I'm familiar with. I tried doing a little googling and found a company called paper stack but they had like 5 notes for sale. Anyone have any suggestions for me ?