I’m exploring investment opportunities and looking for distressed BHPH (Buy Here Pay Here) loans specifically in Florida. Does anyone know reliable sources, websites, or contacts where such information might be found?
For distressed BHPH loans, local networking trumps any single online resource. In my experience, connecting with local brokers and asset recovery firms in Florida reveals opportunities not listed on mainstream sites. I suggest looking into regional auto repo auctions and forming relationships with attorneys who handle default cases—they often have leads on distressed portfolios. It’s important to verify loan documentation and understand state-specific repossession laws. Real due diligence in this niche can uncover profitable investments if you’re willing to do the legwork.