Texas Nonperforming Note Case Study - Round Rock Equity Deal
Manage episode 430440812 series 3039481
Equity deals can often be difficult to make happen with market pricing being often at 80% of the legal balance and in states with longer foreclosure time frames. But that's not the case for nonperforming notes in Texas, where foreclosure is the fastest in the United States.
In this specific Round Rock, Texas nonperforming note case study, Scott Carson breaks down and walks you through the possible exit strategies and potential profit margins on this deal. Scott shares how to leverage the fast foreclosure timeframe and process to help create win-win solutions for you and the borrower.
In this episode Scott shares:
- Why it's not always about owning the property in equity deals.
- How to calculate the different exit strategies to identify the best path to profits.
-How working with an elderly borrower on a reverse mortgage can be a win-win.
-How to work with a borrower on a cash-for-keys deal can help you take the property back without the risk of foreclosure or bankruptcy.
-Time frame and pricing for a distressed borrower to list their house for sale in this market.
-Why sharing daily case study videos like this one will help you grow your following, find more deals, and raise more capital.
Watch the original video HERE!
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