Note buying tenant occupied

[Ronald Cooperman]

BP Community

we have an opportunity to buy several non performing notes on tenant occupied properties where we buy and hold in New Jersey. 

we have an agreement to get title in leu if deal is agreed
 

The notes are non performing as of June

Example

Property value 140,000

100,000 note

Tenant occupied 1300 a month

Tax lien 6000 no other liens except utilities

what more information is needed?

What would you offer a bank to purchase note?