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Updated about 9 years ago on . Most recent reply

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Bruce Feldman
  • San Bruno, CA
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Finding an NPN purchase/mitigation specialist in South Florida

Bruce Feldman
  • San Bruno, CA
Posted

I'm a broker/investor from California. I'm looking to do NPN investing for myself and clients in south Florida.

Anyone have tips as to making connection with a person in the south Florida area with expertise at NPN purchasing and mitigation issues?

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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

Bruce, your mitigation specialist will be licensed to do that, I assume you are a real estate broker, not a mortgage broker. Federal law requires a mortgage license for workouts, the rescheduling or modification of a non-performing loan is the extension of new credit, just because you own the note doesn't make you a lender. Get with Dion there in FL, he can probably steer you in the right direction. Good luck :) 

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