The Note Closers Show Podcast Breaking Down Three Nonperforming Notes
How do you evaluate a tape of nonperforming notes to find the deals? How do you calculate the potential profits on a nonperforming note deal and decide which one to move forward with? Scott Carson will show you the way.
In this episode taken from a current Money Monday Coaching Call, Scott Carson breaks down three nonperforming notes (one in TX, IN, and FL) by evaluating the tape, equity, and potential exit strategy (and potential profit margins) by going through the upfront due diligence. Scott looks at values, occupancy, taxes owed, and shares what he finds by doing a little social sleuthing on the borrowers to identify which of these three deals is worth pursuing.
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