Search
 

When Purchasing Loans, Look Beyond Dollars and Cents

Delving early on into the questions around loan purchases makes all the difference, Margolin Winer's Scott O'Sullivan writes in this EXCLUSIVE commentary.

By Scott O'Sullivan | Updated on November 14, 2017

Photo of Scott O'Sullivan “A lot of interesting federal, state/local and foreign tax issues start piling up early on,” writes O’Sullivan.

GARDEN CITY, NY—It’s the kind of scenario managing members and/or CFOs of investment entities may dread: Just when you thought you’d highlighted a solid investment opportunity for investors, the calls start coming in—and they’re not sounding good.

You’re in the business of buying loans (potentially in distress) from banks that want them off their balance sheet, and for a time, you’ve successfully identified loans that could yield a favorable return on investment; any payments from the original borrower, north of your entity’s loan purchase, have been a win.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.