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!

[Don Konipol]

In general acquiring and restructuring non performing notes is a BUSINESS, acquiring and servicing performing notes is an INVESTMENT.

The difference becomes much clearer once your involved personally.

You may want to do an assessment of your goals, available time, and knowledge as to decide if you wish to proceed on your own, to pay for mentoring/guidance, or to invest passively in a note fund.