No matter how long you’ve been in the note business, you will always find so much variability in the outcome from one deal to another. In this episode, Dan Deppen reviews the numbers from twenty recently exited note deals. He focuses on the average returns, as well as the highs and lows. He also deep dives into selling REO properties and how the sale process of an REO can be significantly lower than the initial BPO estimate of the value, wrapping it up with a summary of adjustments he’s been making to his notes business to improve results.

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