Non-performing land loans and REO are shaping up to become the fuel for the new American Dream 2.0. Are you in?
Non-performing assets and loan notes on bank’s balance sheets are ballooning again, and they’re creating an incredible opportunity for distressed debt and real estate investors, as well as individuals and families eager to stake their claim to the American Dream.
Lots and land were among the first to go when the bubble burst and have been the last to be picked up in the rebound. This means this real estate sector and property often offers the most value and growth potential.
Whether you are a professional note-buyer, real estate agent looking for a new niche or inventory for clients, a real estate investor looking for the best investment opportunities ahead, a home builder, or just an individual looking to reclaim the American Dream, investing in and buying these non-performing bank assets and mortgage notes could be exactly what you’ve been looking for.
The current pool of non-performing land mortgages and land REO on bank’s books include infill lots in newer developments, lots in start-up communities in popular vacation areas, and large parcels of undeveloped land.
Top fund managers, and real estate analysts all expect this to be the next boom sector, which holds the best opportunities going forward. That means significant short term capital gains and long term passive wealth building.
There are numerous ways to capitalize on these opportunities, including:
- Acquiring infill lots for spec building
- Sweet deals on second home lots and for custom building, far under previous prices
- Acquire and subdivide large parcels or flip them
What worked incredibly well during the peak years of the last boom was to structure creative financing on large parcels, get zoning approved for new communities, and auction lots off. Or stage one-day blowouts, where buyers get to stake their own claims, much like when the American landscape and real estate market were first pioneered.
So, how will you capitalize on the new land rush?