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Updated almost 15 years ago,

User Stats

33
Posts
0
Votes
Mike Keegan
  • Real Estate Consultant
  • newport beach, CA
0
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33
Posts

Guardian Group

Mike Keegan
  • Real Estate Consultant
  • newport beach, CA
Posted

Anyone ever hear of this group based in AZ? They claim to able to buy performing notes (targeting 125 and up LTV) and then refinance you into a 90% equity note. They want me to push their product and I have brother up near Modesto who could sure use the help. I figure some of you more seasoned note buyers/people might know if the concept of buying these performing notes (they say they need to buy in groups like 100) is truly possible or being done.
What I've heard is that the non-performing are possible but it's tougher to get the performing. You would think if someone could get them then half the state of CA would be in line. My brother has an 800 fico and has never been late yet he's at 150LTV. I get calls all day from people like him and would love to tell them someone could help but I want to be realistic.