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Navigating Non-Performing Loans
This chapter details the transition of an individual from construction management to co-founding a real estate investment firm amidst the challenges posed by the 2008 financial crisis. It explores the strategic acquisition of non-performing loans in New York City, including the importance of leveraging data and maintaining relationships with financial institutions. The discussion also highlights negotiation tactics with distressed borrowers, aiming for quick resolutions and high returns for investors.