Distressed Asset Prodigy: Hard Work, Homework, and Relationships
Two years ago, Carlos Vaz arrived in Dallas with no local contacts and less than $100,000 to start his multifamily investment business. He has since closed 10 distressed deals, some of which he's selling for 40 percent returns. And he's just 31 years old.
Investors Get Ahead of REO Before It's Marketed
One of the biggest opportunities facing investors is the ability to acquire distressed notes or REO before they are marketed. The key is relationships.