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Amit (Alex) B.
  • Investor
  • Alpharetta, GA
4
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28
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NPN--How to find Sellers- North Atlanta

Amit (Alex) B.
  • Investor
  • Alpharetta, GA
Posted

Dear Experts:

Hi any advise as to how do I go about locating Non Performing Note Sellers in North Atlanta region (Alpharetta, Cumming, Sandy Springs). Should I be trying to reach out to local banks if they have any toxic loans? 30-60 cents on the dollar.

I would like to connect with folks/experts and learn more from their experience.

Most Popular Reply

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Dion DePaoli
  • Real Estate Broker
  • Northwest Indiana, IN
2,088
Votes |
2,918
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Dion DePaoli
  • Real Estate Broker
  • Northwest Indiana, IN
Replied

Alex B,

I am curious. Why do you want to go invest in notes?

Do you have any other prior real estate experience or would notes be your entry into the RE universe?

Do you understand what a non-performing note is?

Are you planning on being a principal or broker?

Why do you think 30-60 cents on the dollar is the pricing?

What "dollar" are you referring to when talking about the discount or price?

  • Dion DePaoli
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