Refinancing multifamily in Chicago

[Donald Howaniec]

I had a situation approximately 5 years ago where I missed 3 mortgage payments on a property (15 units, a first and a second mortgage, same lender). I had told the lender 3 months in advance of the missed payments of the problem I was having. Their reply was to get an appraisal done on the property.  The property that had appraised for 850k 3 years previously ( which allowed me to get a line of credit} was now valued at approximately 400k. I was slightly underwater to which they sold the mortgages to another company. I have not missed any more payments since. My question is how would I find out what they paid for the notes. I'm assuming they didn't pay full price. I'm in a position now to make them an offer to pay off those notes. How do I go about this?