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Updated over 7 years ago,
65% LTV 1YR N/O/O Deliquent Notes. 12% Coupon
We are looking for investors with taste for picking up delinquent notes at risk of going into default. The ideal investor has experience with delinquent notes and prefers to acquire properties through foreclosure at the note rate. Typical opportunities are as follows:
12% Interest note paying 10% to the investor on a 75% of loan to purchase/65% or lower loan to value 1 year note on N/O/O single family residential properties in FL, GA, and NC. Foreclosure assistance can be provided or you can handle it yourself.
This is a great way to get quality Fix & Flips and rentals at a significantly reduced price. Private message me with interest. All notes are non-owner occupied, and have been originated via 3rd party title companies with title insurance. Interest transferred via assignment of note or servicing release.