Today, more than 12,000 lenders have approximately $200 billion in non-performing loans and REO.
In the 21st century, this is what the REO and residential notes situation look like. As everything to the left is non-performing debt, this is just one sample of many different asset types.
So what is REO?
REO means everything to the left is something that's coming down the pipeline. There are four options banks decide on together as a result:
A) They are either going to sell as debt
B) They're going to foreclose it
C) They're going to sell at the foreclosure auction
D) They're going to foreclose on it and they're going to book it in as REO, which will result in having to sell it that way.
In any case, this is just residential. But in the grand scheme of things, we're talking about more than $150 billion in non-performing notes and REO, which are just residential.
That doesn't even cover multi-family, construction, commercial, or other areas, so there's a huge opportunity for commercial and residential lenders.
That's where we step in.
Stop waiting and let BiComplex Properties handle the rest for you today.
Company Details
- Founded
- -
- Address
- 2w W Greenock Dr,
- Industry
- Real Estate
- Keywords
- reo, real estate investing, financial services, real estate, real estate investment, commercial investing, residential investing.
- HQ
- Oro Valley, Arizona
Bicomplex Properties Questions
Bicomplex Properties's website is http://www.bicomplexpropertiesllc.com
Bicomplex Properties's LinkedIn profile is https://www.linkedin.com/company/bicomplex-properties
Bicomplex Properties's industry is
Real Estate
Bicomplex Properties's top competitors are
Qed Investors,
Note To Self Llc,
Azp Capital,
F-Prime,
Spinwheel,
Foundation Capital,
Formulaic Inc,
Payabli,
Fika Ventures.
Bicomplex Properties's categories are Real Estate
Bicomplex Properties's founding year is 2021
