My partner and I have entered the arena of bulk REO ( Real Estate Owned / Foreclosures ), NPN ( Non Performing Notes ), and MTN ( Medium Term Note )purchasing. It’s been interested to say the least. My business partner has actually been working to put a deal together for over six months. Everybody and their mother is trying to get into this game, leading to a lot of talk from different sources, stating that they’re one away from the source of product or that they’re direct to the buyer. Most of these claims usually are found to be false. In the end, more and more people end up added into the deal, totally diluting the take home amount for all involved.

Second, when a potential deal does come across the table, all of a sudden all the testosterone involved in the deal, usually by the rookies that have never even closed a deal before, flares up and they get greedy. I’ve watched numerous times where people get so caught up with short minded thinking and try to break the bank on one deal that they end up squabbling over the money they’ll earn and end up killing the whole deal. It’s ridiculous. They should just sign their NCNDs and step back out of the way and let buyer and seller talk and get the deal done.

In any case, if anyone is or has serious buyers (50 Million minimum, No maximum) and is at least DIRECT to the buyer (no daisy chains) then contact us at 702-845-8435 or email at bknight@kw.com . We are direct to 7 of eleven compilers here in the U.S.

Bryan Knight in Las Vegas, NV Vist www.buy-las-vegas.com/ for all your real estate needs. Click to search for all Las Vegas properties for sale!!!!