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wanted Commercial only, Non-Performing Note 1st liens only
(NO Reo), secured by Retail, Industrial or Mix-use. Can purchase up
to $100M UPB (unpaid principle balance). Prefers west coast 1st
preference but will buy nationwide for deeper discount.
wanted Residential Construction Loan Pools/BULK Portfolios,
Non-Performing Loans 1st liens only (NO Reo) up to $20M UPB (unpaid
principle balance). Prefers: NY, NJ, CT, MA, RI & NH only states he
will consider. These can be non-complete condo units/unfinished S/F
residential subdivision developments/projects.
wanted Apartment Complexes only, min. 50-75+ units
performing preferable, min. cap 9%+, min 85-90%+ occupancy (will
consider distressed/reo complexes with a deeper discount). Prefers So.
California 1st prefernce, No. California 2nd preference & AZ and NV
3rd preference. Can purchase up to $75M.
wanted
any direct sellers in Virginia (Hampton Rhodes, Virginia
Beach, Norfolk, Newport areas) who have access to bulk or multiple S/F
REO package deals. Min. 10 houses as high as 50+. Average $100-150
per house, light to medium rehab, min. 3 br, 1-1/2+ bths, min. 1100
sq. ft, no war zones, no major rehabbers nor any major rehab
neighborhoods.
Be Ready to Sign my MFA and Show you are Direct Seller
Contract Robert 203-387-1250
email robmor12@att.net
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