Join the Carolina Capital team every Thursday at 1 pm Eastern for the Passive Accredited Investor Show!
This week Bill Fairman, Wendy Sweet & Jonathan Davis are joined by the CEO of NNG Capital Fund, Fuquan Bilal to discuss mortgage notes and why buying second mortgage non-performing notes is a great investment opportunity.
Fuquan Bilal The company's CEO, founded NNG in 2012 with the principal mission of capitalizing on the growing supply of mortgage notes in the interbank marketplace.
Mr. Bilal utilizes his 21 years of residential and commercial real estate success to identify real estate opportunities and capitalize on them.
To date, he has successfully managed three private mortgage note funds that primarily invest in single-family performing and non-performing mortgage notes.
His financial acumen and proprietary set of investment criteria enable him to purchase under-performing real estate assets at a deep discount of face and market values, thereby increasing the value of the assets.
This, coupled with his ability to maximize the use of leverage, enables him to build strong, secured portfolios with solid passive income flows.
Fuquan effectively hedges investors' risk by spreading their investment across a portfolio of alternative assets that diversify and stabilize the fund's return and valuation.
Timestamps: 0:01 - Introduction: “Would you buy a non-performing, second mortgage note? ” 1:43 - https;//www.CarolinaHardMoney.com 1:59 - https://calendly.com/wendysweet/wednesdays-with-wendy 2:44 - https://www.WizeWomenExpo.com/Home - Oct 22nd & 23rd (Short-term Rentals) 3:54 - Today’s guest: Fuquan Bilal, CEO of NNG Capital Fund 5:08 - Purchasing Second Mortgage Non-performing Notes 7:45 - What is the game plan when buying Second Mortgage Non-performing Notes? 9:24 - You don’t have to do borrow management when you buy a second mortgage 13:55 - Is there more inventory available for mortgage notes? 15:59 - Different assets of NNG Capital Fund 17:58 - Two Types of Tax Sales 20:18 - NNG Capital Fund’s mission 21:23 - The NNG Capital Fund 24:55 - Are you accepting investors in NNG Capital Fund? 26:09 - Disclaimer 26:58 - What do you see in the future, increasing values in properties or a real estate collapse? 29:10 - Get connected with Fuquan Bilal - https://www.NNGCapitalFund.com
Carolina Capital is a hard money lender serving the needs of the “Real Estate Investor” and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer “hard money rehab loans” and "Ground-up Construction Loans" for investors only in NC, SC, GA, VA, and TN (some areas of FL, as well).
As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.
