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Updated over 7 years ago on . Most recent reply

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Philip Mullinax
  • Columbia, SC
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Foreclosing on a Non Performing Note

Philip Mullinax
  • Columbia, SC
Posted

I am looking at a few non performing notes in Florida. Has anyone dealt with non performing notes?  If so, have you foreclosed on a non performing note?  I appreciate any guidance. 

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Chad U.
  • Investor
  • Boca Raton, FL
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Chad U.
  • Investor
  • Boca Raton, FL
Replied
Originally posted by @Philip Mullinax:

I am looking at a few non performing notes in Florida. Has anyone dealt with non performing notes?  If so, have you foreclosed on a non performing note?  I appreciate any guidance. 

Have you ever purchased an NPN before? If not, do you have any education in this space? It's a whole different animal than traditional RE investing, and could be really dangerous if you do not know what you're doing. If you want to connect I can take a look at these for you and give some guidance.

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