“Neither a borrower nor a lender be” … (unless you buy the loan very, very cheap)
Why would an investor in his right mind consider the purchase of a non-performing junior lien?
Maybe they have dedicated the time, energy, and resources to fully understand this unique niche, and evaluated the risk/reward ratio and come to the conclusion that it might be the least risky and most profitable strategy available in today’s marketplace.
How can that possibly be?
Let me give you a bird’s eye view of this niche and exactly why we came to that conclusion years ago and have dedicated ourselves to understanding the current non-performing junior lien marketplace and the many strategies and tactics we have learned and developed. (more…)