The majority of financial institutions and funds
participating in the distressed real estate space have focused on
commercial assets and/or performing/sub-performing mortgages.
Most have steered away from residential REOs and non-performing
mortgages because they do not have the expertise or the
infrastructure to manage the portfolios accordingly. Many of our
competitors that have attempted have failed.
Consequently, this specific niche has become very inefficient
providing unconventionally high spreads between the bid and the
ask. In our case, we are essentially serving as the market maker
purchasing directly from the lending institutions and selling
directly to the retail investor through exclusive arrangements with
companies such as IPIN. By arranging the exit strategy in advance,
we are able to provide our clients with unconventionally high
liquidity, double digit returns and low risk.