Massive Opportunity
The opportunity to transform this industry is probably the largest in history . Consider that mortgage loan originations were expected to hit a new record of $ 4T in 2020 . The value of all the homes in America , not including vacant land or commercial buildings is over $ 33T , more than the entire GDP of both China and the USA .
At the same time , the events of 2020 are likely to put in motion one of the most active periods for selling real estate and related assets in American history . The pandemic added to this , and with most creditor and government aid ending , but the worst financial side effects only now hitting homeowners as they run out of savings , a wave of distressed sales lasting for years is virtually inevitable . According to mortgage data monitor Black Knight , 13 % more home loans were 30 days delinquent at the peak of COVID crisis in 2020 than the peak of the last Great Recession . 83 % more loans were 60 days or more delinquent than at the peak of the
Great Recession . As a result , big banks like Wells Fargo have already been selling off and trading pools of distressed mortgages worth billions and tens of billions of dollars .
Ross acknowledges that there is a good chance the government will step in to provide more relief in this area , and some lenders will provide workouts for borrowers . Yet , many are demonstrating that they still didn ’ t learn their lessons from 2008 , and are preferring to foreclose and sell the debt and assets rather than to try to help homeowners stay in place .
Become a CiBuyer
What is most unique about this big announcement from Connected Investors is that they are enabling other investors to participate in this opportunity as CiBuyers .
Ross and his team , which have the highestlevel relationships with those holding large pools of properties and notes , are able to negotiate deeply discounted deals on properties in bulk , and offer those directly to their qualified CiBuyer members . They have access to exclusive deals and pools of 1,000 plus properties at a time , which are traditionally only reserved for buyers with strong resumes of managing millions of dollars in property , and with plenty of reserves .
Becoming a CiBuyer provides access to these deals , a few at a time , or several hundred at a time , depending on the investor ’ s appetite for volume . As a CiBuyer investors can skip all of the trial and error of marketing directly to distressed homeowners , access CI ’ s extensive data to evaluate properties , and just buy , based on their own ‘ Buy Box ’ criteria .
A big part of this development is ensuring participants are qualified and vetted buyers who are ready and able to close on deals , with none of those notorious broker chains or failed closings wholesalers are infamous for .
Those who have already been approved to join as CiBuyers are active investors with at least three verified deals under their belt in the past few months , and seven figures or more in buying power each .
If you fit this description and are looking to acquire more deals , grow your business efficiently , and be a part of this big transition , Ross invites you to apply to become a part of this at CiBuyers . com .
Real estate agents can also register their qualified clients and get credit for their transactions . Lenders looking to put their capital to work in this space , or who are looking to sell pools of REOs or note assets , should also connect with the platform .
Get more details on how CiBuyers works , the assets you can access through the programs and to apply at
CiBuyers . com .
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