Catherine Bell walks through how Titan Impact Group evaluates distressed mortgage notes using a 150-point checklist. They filter by state, exclude foreclosures and 90+ day delinquents, and skip properties under 1000 square feet, mobile homes, and owner-occupied deals.
How to analyze a distressed note. My answer is have a team. If it's not your genius, it's not your job. I actually have team members that specialize in this. But we do have systems and structures in place to make sure that we analyze. There's a 150 point checklist that we actually have to analyze notes. If you want that checklist, go ahead and message me, and I'm more than happy to send it over. We start with filtering out the state that we want to invest in. We move any bad cities, any 90 day delinquents or less, any foreclosures, reverse mortgages, bankruptcy, vacants, mobile home parks, manufactured homes, the size of the property, if it's less than a thousand square feet, if it's owner occupied. And it goes on and on and on. So for more information, please follow us. And I am Catherine Bell with Titan Impact Group.
