Updated almost 8 years ago on . Most recent reply

Non-Performing Mortgage Notes
For those currently investing in non-performing mortgage notes, what is your target ROI 1st year and beyond?
Most Popular Reply

I find that the available NPN's are often bottom end properties with Zillow like BPO's. Had good and bad. Finding better control buying REO where I can see the inside before I buy. Seems we've crossed the line. NPNs aren't discounted enough below REOs to take the added risk of time to foreclose and property damage.