Just added a buyer to my large non performing note pool buyers database. This large residential non performing note pool buyer buys in many states but is particularly interested in CA, NY, AZ, NV, TN, GA and Michigan (Owner occupied NPNs only) including Detroit. They also are Detroit REO buyers. They like NPNs that are owner occupied as that fits their investing model. They have a large amount of funds they are trying to place. I also have a private equity buyer of non performing notes who is also a seller of non performing notes. This private equity fund buys and sells NPNs across many states. They are a cash buyer of non performing note pools so they can move very fast.
Non performing notes are hot right now with the many hedge funds, private equity funds as well as many small investor groups and even individual NPN buyers. The great thing about investing in non performing bank notes or note pools is the flexibility of the investment. These NPNs can be flipped if you get them at a good price. They can also be restructured for the cash flow and even eventually sold as a performing note. Additionally, they can be foreclosed on and turned into a rental. Call today if you would like my NPN pool buyers to review and hopefully mane an offer on your NPN pool or individual note. 1-877-655-5625, 7 days a week. Ask for Ron.
Posted in non performing notes buyers, Residential non performing notes buyer
Tagged CA NPN Pool Buyers, cash buyer of non performing note pools, Detroit non performing note buyers, Detroit REO buyers, Large Non Performing Note Pool Buyers, large NPN pool buyers, large residential non performing note buyers, MI NPN pool buyers, Michigan NPN buyers, non performing note buyers, npn buyers, npn pool sellers, NY NPN Pool Buyers
Locating a MI non performing note buyer can be difficult. Many NPN buyers shy away from Michigan. So I’m excited to say that I not only have one MI NPN buyer but two MI non performing note buyers. One buyer prefers the properties to be owner occupied giving him the option to work with the borrower so they can keep the home. My other MI residential non performing note buyer is less concerned about that as they have a serious network strictly in the state of Michigan. So if you have MI NPNs for sale (Sorry, no brokers), contact me right away. We will execute any confidentiality agreements you require to get your pool of MI non performing notes in front of these serious Michigan non performing residential note buyers buyers.
Among the pieces of information we would like to see are 1) BPOs, 2) Outstanding property taxes and whether the borrower id still in the home along with the basic mortgage note information. My two MI NPN investors can move very quickly as they are cash buyers of MI non performing notes. We are available 7 days a week. Call today at 1-877-655-5625. Ask for Ron Stone.