Residential loans that are 90+ days
delinquent. They are called non-
performing notes (NPN's).
That’s Right, $101 BILLION in shadow
inventory that is now going to be dumped
into the market over the next four years.
That doesn't even count the homes that
will still go into foreclosure during
the next four years - that amount is
anyone’s guess.
Well, if the whole world is in debt,
shouldn't you be in the toll gate position
for the debt business?
This is yet another way to monetize your
deal flow - by flipping the bad debt
(and good debt).
Recognizing this business opportunity, I
turned to one of the best in the business,
someone who has purchased $1 Billion in
notes since 1997.
Tuesday, June 04, 2013
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