: More likely to sell smaller pools or even single "one-off" commercial notes to local investors.
: Buyers pay a low percentage of the Unpaid Principal Balance (UPB). For instance, a $100,000 loan might sell for $20,000. Where to Source Debt buying bad debt from banks
Before purchasing, you must verify the legitimacy of the debt to avoid "buying smoke and mirrors". Buying Non Performing Notes [2026 Guide] - Distressed Pro : More likely to sell smaller pools or
: The FDIC holds auctions for non-performing notes from failed institutions, though buyers must be approved first. Due Diligence Checklist 000 loan might sell for $20
: Primarily sell massive "tapes" or pools of debt (often $1M–$2M minimum bid).