Keep a Note Purchase Separate From the Property Ownership Case

By Don McClain | Founder & Principal, Medro Advisors. Buying a loan claim is not the same as buying the underlying property. Organize a diligence file into three questions: what claim is being transferred, what collateral evidence supports it and what steps could be needed to obtain control or repayment. Have qualified counsel review documents and procedural assumptions; keep legal uncertainty and carrying costs visible rather than treating a discount as assured profit. This repurposes the May distressed-debt archive as a diligence framework, not a current market forecast or a statement that any property is in foreclosure. Discuss capital strategy with Fast Commercial Capital.