Born in Los Angeles and raised in Orange County, Lee's invitation to the world of real estate can only be described as a happy accident. While visiting a friend in Seattle, Lee happened across a for sale sign listing a house for $33,000. Lee couldn't believe the asking price—at first, he thought it was the down payment. Knowing a good deal when he saw one, Lee purchased the house and sold the property two years later. At the age of 24, he had made a $27,000 profit. He couldn't believe how easy it was.
Since then, Lee's career as a private investor has been as successful as it has been diverse. Having pioneered the inside track of investing in defaulted mortgages, Lee has used his cutting-edge techniques to purchase mortgage portfolios from Aegis, Mortgage Lenders Network, First Indiana Bank, and other well-known lenders. Lee has also bought single defaulted mortgages from PNC, Wells Fargo, GMAC, Ocwen, Dana Capital, and others. Lee evaluates portfolios of defaulted mortgages sent to him by lenders on a daily basis, giving him a constant snapshot of the market's future.
The Foreclosure Trackers website is a testament to Lee's vision and ingenuity. Constantly looking for a better way to achieve his investment goals, Lee's relentless determination ensures that FTI's members will be the beneficiaries of exciting new products, groundbreaking techniques, and detailed property information.
Described by others as an aggressive go-getter who won't take no for an answer, Lee is driven to make FTI a true one-stop foreclosure investment resource. He is most proud of the site's ability to deliver accurate and in-depth information without compromising its user-friendliness.