As hard money lenders we need to be creative when it comes to loans in default status. We need to understand the current condition of the property, the intent of the borrower and an action plan to cure the loan. Although foreclosing, judgements, deed in lieu are options... that might not necessarily be the best plan of action. Tune in now to hear some strategies we practice on defaulted loans and case studies to help you on your next defaulted loan.

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