The Boston Area Real Estate Investors Association Monthly Meetup

  • June 20, 2013 · 5:30 PM
  • This location is shown only to members

Buying Distressed Mortgage Notes and Other Distressed Asset Types Presented by Kim Harrington and Peg Graveline Northeast Capital Investments, LLC

Kim and Peg will discuss how they ended up in the note buying business and how they make money with distressed mortgage notes while at the same time helping people stay in their homes. A distressed mortgage is a mortgage in which the borrower has a pattern of making late payments or is in danger of entering foreclosure. Banks and other lending institutions often sell off distressed mortgages if they need to raise money quickly or believe that the loan has a good chance of entering default. Kim and Peg will also discuss other ways they are working in the distressed asset market, including short sales, REOs, and bulk asset purchases.

You’ll learn the answers to these question:

  • Why purchase distressed mortgage notes?
  • Where do you find distressed notes?
  • How do you analyze a note before purchasing?
  • How much should you pay for a 1st or a 2nd distressed note?
  • What are the steps to making money on distressed notes?
  • How and when does the note become profitable?
  • How can YOU get involved in the distressed note business?
  • What other distressed asset types are out there and how can you make money with these asset types (Short Sales, REOs, Bulk Asset Purchases)

Monthly Meeting

5:30 PM Networking, 6:30 PM Meeting, June 20, 2013

Crowne Plaza, 320 Washington St., Newton, MA

Free for members; $25 for nonmembers and Meetup members

 

Join or login to comment.

5 went

Our Sponsors

People in this
Meetup are also in:

Imagine having a community behind you

Get started Learn more
Rafaël

We just grab a coffee and speak French. Some people have been coming every week for months... it creates a kind of warmth to the group.

Rafaël, started French Conversation Group

Sign up

Meetup members, Log in

By clicking "Sign up" or "Sign up using Facebook", you confirm that you accept our Terms of Service & Privacy Policy