Non-Performing notes Acquisitions

[Jim Roach]

How do I structure a deal with a private lender to acquire her non-performing notes, she has a lot of non-performing notes that she needs to deal with, her main interest is to receive monthly payments. She is not as interested in a lump sum as monthly payments. most of her notes are contract for deed and most are in default at least 12 months or more.

[Chad U.]

Not that complicated, just do a Seller finance transaction across the spectrum. These are CFDs, just get QCDs from her, and she can put a lien on each until you've paid off the loan.