Thanks to HUD and the Banks thinking they are now Real Estate Investors, and selling their foreclosed properties at or close to 100 ARV, real estate investing has taken on a new look. Buying with cash for the cash flow is still great. Having little or no equity isn’t a problem for us since the cash flow is so high, and values are climbing steadily again. Financing, when you’re in need of 90-100% LTV is a problem, so for now, as investors, we need to go with Plan B. Enter the Non-Performing Note.
Now I know what you’re saying, probably the same thing I’ve always said when I was told how good Distressed Notes were as an investment. “Why would I want to buy into someone else’s problem”? The answer is simple…<click here>