Apollo Economic Group Unveils Advantages of Distressed Debt Investing at New Seminar

New York,NY (PRWEB) November 29, 2012

As foreclosures continue and men and women seek appealing earnings investment possibilities to bolster their portfolios New York primarily based Apollo Financial Group promotes the benefits of investing in mortgage notes at a new seminar.

&#13

With a housing recovery underway true estate has as soon as once more rapidly become a single of the hottest and most talked about investment sectors. Nonetheless, enhanced competitors in the residential space, such as many billion dollar private equity funds moving in to obtain distressed properties and convert them to rentals has dramatically lowered the availability of bank owned REOs and elevated the bidding frenzy at foreclosure auctions according to reports by Bloomberg.

&#13

What several typical Americans and investors may not understand is that there is a far bigger pool of distressed debt and non-performing mortgage loans out there, than there are REOs. According to the numbers released by 7,249 U.S. banks at the finish of the 3rd quarter they held just over $ eight.7 billion in REOs. In contrast, these financial institutions also revealed they presently have more than $ 246 billion in late and non-performing residential loans on their books which are 30 to more than 90 days delinquent.

&#13

On the firms internet site Apollo Economic Group reports that it has been in a position to cherry choose from this pool of default loans to obtain superior returns. The premise is that although there are several exit approaches for note purchasers, numerous of these borrowers want to fix their scenario and maintain their properties. This supplies an chance for income investors to get pleasure from steady streams of passive earnings, even though assisting the banks to shed distressed debt and enabling property owners to preserve their residences via loan modifications.

&#13

This is clearly a new notion for a lot of investors. Dean Anastos, CEO at Apollo Economic Group says, 99% of real estate investors invest on the equity side. Debt investing is a distinct ballgame that can be just as profitable with just a fraction of the headache.

&#13

Note investing has been a growing trend given that the housing crisis started but few folks actually understand how it works or what tends to make a sound and profitable investment. This is exactly why Apollo Financial Group decided to launch the upcoming National Note Seminar in Las Vegas.&#13

The occasion getting held at the Aria Resort &amp Casino on December 2nd aims to educate more investors on the advantages of distressed debt investing by way of mortgage notes and share the approaches of profitable investing which have contributed to Apollos success.

&#13

Additionally, on December 1, Ricky Brava, senior companion at Apollo Economic Group has also been invited to speak as one particular of the primary speakers at the Difficult Income Pitbull Conference. Ricky Brava specializes in turning a non performing asset into a performing one particular and will discuss the functions of this type of alternate investing to the sophisticated group of people who attend Leonard Rosen’s annual occasion.

&#13

For these desiring more information on the occasion in Las Vegas or note acquiring Apollo Economic Group can be discovered on the net at http://apollofinancialgrp.com/.

&#13
&#13
&#13
&#13
&#13