ADVANCED DUE DILIGENCE
HOW TO ANALYZE & price portfolios of performing & non-performing mortgage notes
This Foundation Series Training provides an overview of how to efficiently review an asset before spending time/money on complete analysis, order/aggregate vendor data & properly evaluate assets for acquisition. Get your due diligence process streamlined for faster pricing turnaround and more accurate analysis.
Below you will find lessons that outline how quickly analyze a portfolio with provided data, source additional information from critical vendors & complete your research for competitive pricing/lucrative returns.
Pre-Bid Waterfall Process
Your initial due diligence can make or break your investment - we all know that in real estate, you make money when you buy right.
Learn how to properly value the home secured by the mortgage note.
Bankruptcy lets you know everything about your borrower.
Knowing whether the borrower lives in the subject property is important.
Title reveals a lot of important information that affects equity.
Confirm the balance & status of property taxes (especially for 1st lien investors).
Reviewing the borrower's credit report is critical (especially for 2nd lien investors).