Is note buying a viable adjunct strategy to wholesaling?

[Robert Burns]

I am looking for feedback regarding my interest in adding note buying to my REI business strategies. I am currently focused on wholesaling and previously with lease options. As always, I appreciate the "voice of experience" here on BP's to help me decide what worth pursuing or not!

Thanks in advance!  Bob Burns

[Wayne Snell]

@Robert Burns Notes can be a great strategy for any portfolio. Just be sure to read up on the amount of work needed to do them. I company buys 1st lien non-performing notes. We focus on occupied properties that are delinquent. Our strategy is to get as many re-performing as possible (thus receiving cash flow without the tenant headaches), and for those unwilling or unable to pay we offer them cash for keys or foreclose to get the property back. You can then sell outright, owner-finance the property for cash flow, or even rent/sell as turnkey rental for capital appreciation. As with every real estate investment, do your due diligence and plan for the unexpected. Good luck!