The Power of Paper: How to Create Wealth by Investing in Mortgages - Paperback
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Product Description
by Troy Fullwood (Author)
Troy built the first distressed asset fund on Wall Street for non-performing residential mortgages back in early 2007 to capitalize on the market crash. He spent 2 years running the distressed asset fund which operated and produced a solid 91.15% IRR for himself and the investors that were involved; in late 2008 he sold off his majority interest in the fund to a Wall Street Capital group. The core focus of the fund was purchasing first lien NPN's and modifying the loans to preserve home ownership for homeowners. He helped over 1700 people stay in their homes during his time at the fund. Troy founded Pinnacle Investments in 1996. He has written over 250 articles on real estate investing, has spoken at over 60 industry conventions as well as participated in over 27 radio talk shows about real estate note investing. Pinnacle Investments is a nationwide principal buyer of 1st lien performing and non-performing real estate notes. Troy has assembled a team of professionals whose main focus is to quickly assemble and close each and every transaction. He has done over 15,000+ real estate note deals since 1996, through a combination of both single and bulk transactions.
