Selling an NPN to avoid taking ownership

[Sean Dezoysa]

I am interested in NPNs up to the point of having to take ownership because my goal is to avoid the additional burders of remote hard asset management. So for an investor like me, I have 2 concerns:

1) Will it be easy or fairly hard to find another investor to take over the NPN that is headed to foreclosure?

2) Not being local, but having a team in place, does it make more sense to sell the note preforeclosure, or post foreclosure? I suspect the former incurs less costs but the later may be an easier sell to an investor crowd.

Thanks for any advice