Seeking Private investor money for bank foreclosures Northern Chicago Land area.We work with 5 banks in Lake County IL area that provide foreclosure / REO deals.Seeking Private Money - Minimum amount: $250,000Rate of return: 12- 16%Funds used to buy homes at 60 - 70% ARVAverage price per home: $150,000 - $300,000 maxAverage repair time: <2 weeksAverage repair cost: $10,000 - $20,000 maxAverage days on market: 2 - 4 weeks.Agreesive marketing plan to retail homes @ 90% LTV with 5% down from buyer.

One quick question...I thought SEC can only seize or has jurisdiction over public compaines...PDP was a private sector?

:lol: Now on the flip side, the amount of rehab that all but 2 of these properties needed was extensive.

Property Type:Residential and Commercial, investor properties onlyLien Position:First Mortgage onlyLoan Amount:$25,000 Minimum to $500,000+Funding Rate:Up to 70% of the After-Repaired-Value (ARV)Standard Term:12 months with monthly extensions possible.Standard Interest:Typically 13.75% with no payment due in the first month.

I'm thinking of notes which would either have a higher interest rate or be overly-discounted (relative to most private notes) because the payor is percieved as having a higher risk of default (bad credit, bad payment history, etc.).

Hi, my wife and I got Married in Palm Springs at a private ceremeony in June at the Park that Frank Sinatra dedicated in Rancho Mirage.

I work with investors and funding companies that purchase private mortgage notes.

I paid 70k, have 45k going in it and expect to sell it quickly at 249,900.00 because it is in the private beach area which is very coveted over here.

We provide the most extensive people locate, address verification and people finders data in the industry.

I hope you guys/gals show the same enthusiasm and share your knowledge.A little background about me (you can skip this if you'd like) 23, just started researching about a week and a half ago; extensively if i might add, live in the panhandle of Florida and plan to take my Real Estate Sales Associate class in 2 months.Initially I wanted to use this information to get inside of the heads of my buyers and sellers but I am more intrigued by investing myself.