Business owners who may be upside down on their current property balance verses current market value?

Where could we find a listing of businesses who have an upside down situation due to the change in property values and owe more than the property is valued at today and may be having problems meeting their debt service and may be interested in a restructuring of their current loan and still keep the ownership of their property?
Thanks, Toby
In General Area - Asked by Toby C. - Sep 15, 2011
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Bill B.
Broker/Agent
West Palm Beach, FL

Due to the nature of the confidential information associated with mortgages, that information is not readily available to the general public; however, there are a few paid websites that offer information on loans, their amount, who holds the note, and sometimes whether it's in default. The most comprehensive site that I've seen is TREPP, but it is very expensive, several thousand dollars per month. I am looking at a few loans that are in this exact situation: you need a direct contact to fund or bank willing to dispose of upside loans, then work your way back from there.

Sep 20, 2011
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