The Compound Effect
3 years ago
2
The compound effect relates to anything you want to be successful at.
Many people come into the business and try to get rich quick, and they often don’t last for very long. With the right strategy and good positioning in the business, you’ll find plenty of opportunities.
Over the past 3 years, Bill has bought more re-performing notes because the prices of non-performers have gone up.
Buying a re-performing second mortgage is based on the yield the buyer wants and what the seller is willing to sell at. Non-performing seconds are sold at a percentage of the loan balance, and that percentage value fluctuates.
nngcapitalfund.com
#nngcapitalfund #realestate #fuquanbilal
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