Semi Performing Loan Available - Backdoor to owning the property!

[Kevin Moen]

Contact us for full details/executive summary. 

This listing is for a semi performing loan available for 55% of the underlying assets value! Pursue a loan modification, deed in lieu, or foreclosure. Cheaper than buying a REO!

The Note:

$325/mo payment

$26,069 - Current UPB (loan principal balance)

9% interest rate

Borrowers have made over 40 payments, currently behind

The Property:

Old BPO (values have increased) $39,500

2/1 750 sq ft 

$550 market rents

Clarksville, TN