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Updated over 15 years ago on .

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1,403
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495
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Marc Faulkner
  • Investor
  • Kalamazoo, MI
495
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1,403
Posts

Looking for Experience in CA?????

Marc Faulkner
  • Investor
  • Kalamazoo, MI
Posted

I am working with a fund that is setting out to short sale homes in Orange County w/the intention of keeping the home owner in the home. They have the funds available as long as the deal fits into the underwriting criteria that is set-up and have authorization to buy in at up to 55% of the current BPO.
They have been advertising to homeowners that need help and have identified a couple of pet projects to show viability to investors and have not been able to negotiate the short with the lenders. I suggested making a bulk offer instead of trying to go at this one at a time.
Does anyone have experience in getting these done one at a time in Ca. while also allowing the home buyer to stay in the home?