“Oakwood Blog”
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Uploaded by kevin waltermire on 2018-01-08.
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The life cycle of a Non-Performing Note can lead in many different directions depending on the situation. As an Investor, you must be willing and able to adapt to the situation at hand. If you are too rigid and stick to only one strategy, you will miss out on many profitable deals. You may even lose money trying to fit a square peg into a round hole. At Oakwood investments, we understand that every Note is different, and every borrower’s situation is unique to them.
Contrary to popular belief, helping people and making money are NOT mutually exclusive. I’m going to show one way we, at Oakwood Investments, do just that nearly every single day.
As you know, when someone purchases a home with a loan from a bank, they promise to pay back the loan with monthly Mortgage Payments. From time to time borrowers will default on that promise for one reason or another.
Making money with distressed debt is not that different than making money with an actual house you purchase as an investment. That’s why we at Oakwood Investments have transitioned to investing in distressed debt. Once you understand the numbers, you can control the assets and avoid the risks and expenses involved with tenants, repairs & maintenance, Taxes, and Insurance. There are basically 4 steps to making money in distressed debt.
This is Laura Cabrera along with Kate Turpin and together, we are Oakwood Investments. We can be reached at 510-508-9752 or Laura@OakwoodNotes.com or Kate@OakwoodNotes.com. Our friends and fellow investors are always asking how we got into Note investing so I thought I would take the time to share our journey through Real Estate Investing and more specifically how we came to invest in Non-Performing Notes.