Fuquan Bilal founded NNG in 2012 with the principal mission of capitalizing on the growing supply of mortgage notes in the interbank marketplace. Mr. Bilal utilizes his 17 years of residential and commercial real estate success to identify real estate opportunities and capitalize on them. To date, he has successfully managed three private mortgage note funds that primarily invest in single-family performing and non-performing mortgage notes. His financial acumen and proprietary set of investment criteria enable him to purchase under-performing real estate assets at a deep discount of face and market values, thereby increasing the value of the assets. This, coupled with his ability to maximize the use of leverage, enables him to build strong, secured portfolios with solid passive income flows.
NNG Capital Fund, LLC has been established to give investors unique access to a diversified hybrid portfolio of mortgage notes and residential real estate at attractive annual yields. NNG Capital Fund acquire pools of mortgages nationwide and residential property located in New Jersey, where Class A Members have over 30 years of combined real estate operating experience. Using analytics, marketing and extensive personal networks, NNG Capital Fund purchases mortgage notes and residential real estate at a significant discount. Since distressed real estate often sells at a discount, NNG Capital currently focuses real estate acquisition efforts in New Jersey, which ranks #1 nationally in home foreclosures.