At Revolve Capital Group, we receive questions regarding the benefits of purchasing bank direct assets. What exactly does it mean to have a bank direct asset? How can you, as an investor, benefit from purchasing a bank direct asset?
The further you are removed from the bank that originated the delinquent mortgage, essentially the higher the price point you will be paying for the note. The more it’s been circulated around the marketplace means there are more companies that have their arms wrapped around the files. Most likely, there are fees and costs dumped into the files. If these companies cannot get the result they were expecting in the time frame they were expecting they will eventually sell that deal. They will have to recoup some of the costs they put into it, which obviously would elevate the price point of the deal higher than the original person who bought it.
That charade will continue around and around until eventually a loan gets blown into under your books. At this point, the delinquent loan could either be severely discounted or severely inflated based on how far you are removed from the bank. Being able to get yourself closest to the bank selling loans, delinquent loans, or even re-performing loans will allow you to capture a wholesale price point or as close to a wholesale price point as possible.
Buying Bank Direct Assets Through Revolve Capital
One of the benefits that our clients have when choosing Revolve Capital is we purchase bank direct delinquent loans directly from Top Tier 1 banks and sell these same loans to our investors. By purchasing these delinquent loans from Revolve Capital, you have the opportunity to become the bank. This creates a passive income investment play with many more exit strategies available vs traditional real estate investing. For further information on this topic, we have laid out the benefits of converting your traditional property investments to delinquent mortgage loans here: Put a New Spin on the Way You Invest.
Revolve Capital Group is committed to providing a simplified purchasing experience to our investors. For more information, get signed up with us today by CLICKING HERE and learn how we can assist you in growing your investment portfolio.