Non-Performing Note Investing

[Scott R.]

Hello all. I have been spending almost a year now researching the best strategies in REI. I have a pretty large sum of capital and I am looking to learn as much as I possibly can. Recently, I have been looking into Non-Performing Notes as an investment option. I feel I understand the basic concept of the strategy. You acquire the NPN at 30-50% of the collateral (house) value and attempt to either get the buyer back on track in order to flip the loan as a performing loan or foreclosure if the borrower is non-compliant. I would love to connect with any and all investors in this asset class as there is a wide variety of both positive and negative opinions on the strategy. Thanks!