Non-Performing Note Exit Strategies

[Martin Saenz]

Do you buy NPN's that meet a particular Exit Strategy? What is it and why?

For me it's simple….when I buy an NPN, my objective is to help the borrower get back on their feet with a payment they can afford. Thus, I only look to buy notes whereby I have a high confidence level I can help the borrower with a workout. With that said, I'm prepared for the plan B, C, and D. I always like to hear from folks that are not partial to a particular exit strategy😊

[Dan Zitofsky]

great topic of conversation @Martin Saenz  most peolke know me and especially when I speak at an event. Its all exit strategy. What are your true goals? Are you in this for a job or to create true wealth. First strategy is obvioulsy a work out but with that being said I never buy a note on an asset I dont want to own in my portdolio. 

My niche as most know is seller financing turn key rentals in emerging markets where financials make sense for seller financing to investors and I can get all or most of my money back in 12-24 months so I have velocity working for me. I built my business for many years this way. Now I keep pretty much all my performing notes and enjoy the freedom it allows but I used to sell mosf off as partials. I can go on forever but I guess at the end im saying understand when buying a low end asset you have only 2 exit strategies and neither is fun at the end. Buy the right asset in the right market and youll be on your way to true passive wealth. Best wishes and luck to all.