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Breaking Down 4K Notes for Note, Sub-To, and REO Deals

Breaking Down 4K Notes for Note, Sub-To, and REO Deals

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 We just held our first Note Night in America webinar of the year, diving headfirst into a massive tape of 4,200 distressed mortgages. Yes, you read that right – 4,200 opportunities across 49 states (and zero in New York, yay!). If you're ready to get past the "no dumb questions" and onto making some serious money, this recap is your golden ticket. We're talking NPLs, REOs, Subject-Tos, and everything in between – all designed to turn that distressed data into dollars.Here’s your no-nonsense guide to pumping up your private capital:The Motherlode: 4,200 Distressed Notes Unpacked: Discover the raw data, fresh from December 31st, covering 49 states (and DC!) with top markets like Florida ("God's waiting room"), Texas, Georgia, and California. This isn't your grandma's list – it's ripe for picking!Decoding Default: From 90 Days to 7 Years: We dissected the default spectrum: 597+ notes are 12+ months behind (some a mind-boggling 7 years!), alongside thousands more in the 3-6 month and 90-day default buckets. Each stage unlocks different strategic plays for savvy investors.Navigating Legal Labyrinths: Gain insight into the loans' legal statuses, with 350 in bankruptcy, 2,247 in loss mitigation, 661 already in foreclosure, and a surprising 149 already flagged as REOs – these details are crucial for your due diligence.Your 4-Pronged Attack Strategy: Learn Scott's battle-tested approaches:NPLs: Buying 6+ month defaulted notes at deep discounts and reperforming them.Foreclosure: Taking back assets for equity if borrowers won't play ball (especially in fast states like Texas!).REOs: Directly targeting the 149 pre-foreclosed properties for quick flips or rentals.Subject-To/Wraps: Focusing on 90-day defaults for homeowner negotiations.Pricing Secrets & Due Diligence Drill: Get the formulas for making competitive offers: ~80% of Legal Balance for equity deals, ~65% of Fair Market Value for negative equity, and ~70% of AVM for REOs. Plus, crucial tips on factoring in taxes, foreclosure costs ($10k estimate!), and state-specific timelines.This isn't just theory, folks; it's a deep dive into actionable data with clear strategies to capitalize on the distressed real estate market in 2026. Remember, bids are due by Wednesday at noon, so there's no time to be a "wallflower" or making "lowball offers" that "homie don't play that." Don't miss out on turning these distressed notes into serious profit. Go out, take some action, and we'll see you at the top! Watch the Original Video HERE!Take a Look at The List HERE!Love the show? Subscribe, rate, review, and share!Here’s How »Join Note Night in America community today:WeCloseNotes.comScott Carson FacebookScott Carson TwitterScott Carson LinkedInNote Night in America YouTubeNote Night in America VimeoScott Carson InstagramWe Close Notes Pinterest
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