We’ve got five notes that we’re looking for a funding partner on. Three are performing and two are sub-performing (less than 90 days late) with market values at a total of over $210K. We have these under contract and looking for an investor to fund the $70K purchase plus acquisition costs at 33% of market value and below 80% of UPB. Borrowers have a ton of equity and do not want to lose the home to foreclosure or eviction. We will be keeping the loans with the current servicing company to maintain a seamless transfer. If you’ve got funds sitting on the sidelines losing value to inflation then let’s put it to work for 12-24 months at an above-average return on some performing notes!
Contact me now to get details!
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