All Forum Posts by: Efrain Gallardo

I am an active real estate investor in Houston, TX and have used 
www.realacquisitions.com for years to build my mail out lists of motivated sellers. I wanted to reach out for suggestions of similar effective sites. Is anyone using anything else that is similar ? 

avg. Yields are 14%-17%

When I do owner finance I do buy the property take title,  plug in the owner finance buy and then sell the note the same day at the title company. Tricky but im already doing these. I do originate the loan with an RMLO.

* I am a wholesaler that is offering owner finc on some of my houses. 

my notes are new notes, 2 weeks old. They are unseasoned. I am a note buyer that owner finc out my inventory.  

Does anyone know any other websites besides Hubzu, Auction.com or Homepath with more exclusive REO access. Im looking for sites that are not free and so open to the public, I would rather pay for access and have a more exclusive view of offmarket REO inventory. Do these sites exist?

Besides all the brokers floating around claiming to be note buyers, does anyone know real buy and hold note buyers that will buy what would be HIGH YIELDING UNSEASONED NOTES? I do understand that the discount would be significantly high.

Scott, My Houston notes would be $30k-$70k with interest at 9 or 10 and payments for 14-25 years. LTV would never be over 65% because we collect 15% Down Payment. Im just curious what kind of discount I should expect for a 6-11 month seasoned note or size of discount on the straight partial initial payments say payments 12 thru-120? What is the discount on partial payments and what determines that discount?

What is the typical discount on a straight  partial note that is seasoned for 12 month and yielding  13% ?