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Updated over 10 years ago on . Most recent reply

Account Closed
  • Investor
  • Chicago, IL
47
Votes |
189
Posts

NPN investing question

Account Closed
  • Investor
  • Chicago, IL
Posted

hi all! I've been recently seeing bulk NPN notes for sale I was wondering what the strategy is to invest in such notes that are already non-performing in bulk?

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

I'd suggest learning and pursuing something different. As a beginner, you're not going to get involved in any bulk NPN transactions. All these yahoos, here and on LinkedIn, saying they have tapes are just a total waste of time. The players in these notes have millions , or tens of millions, in cash and don't look for their product on message boards and social media sites.

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