I HAVE BUYERS LOOKING FOR INCOMPLETE CONSTRUCTION, NPNS, REO TAPES, AND OFF MARKET APARTMENT DEALS IN CA, GA, FL UP TO 500M

[A.E. Ferguson]

I have a handful of buyers looking to buy in southern CA, FL, and GA -they want apartment deals that are off market 24 units +, Trophy properties, NPNS, and REO Tapes up to 500M of both commercial and residential, and broken construction deals.

Buyers criteria: 

(Black Market) properties straight from the bank

a.       Broker to principal only

b.       Prefers to get the properties before they become available to the general population

c.      Wants to negotiate directly with the seller, bank, hedge fund manager, FDIC, etc

2.      Discounted single entity large deals

3.      Foreclosed Apartments and notes on them are (priority)

4.      REO bulk packages of SFR in S. California is (priority)

a.       Bulk packages of SFR in other states (ok)

b.      Bulk packages of notes on SFR in other states (ok)

5.      Large and small commercial properties in S. California

a.       Commercial properties in S. California (priority)

                                                              i.     
Shopping centers

b.      Office buildings, industrial buildings (good)

6.      Non-performing note packages

a.       Condos, apartments

 Construction loan deals

a.       Very interested in broken construction loan projects to take over in S. California

b.      Complete partial build outs

9.      Newly acquired foreign oil money is seeking:

a.      Trophy
properties

b.      Large
apartment portfolios (20mil+)

                                    c.       A&B type properties

d.      They can be leased up to a degree or distressed

e.       No listed properties

 

Buyers Investment Procedures

1.      Will sign an NCND agreement on a per property or per package basis

a.       To avoid getting locked-in with a permanent partner

2.      Will sign an LOI once there’s enough information on the property to evaluate its potential and desirability

3.      Will sign an LOI for a custom package that specifically describes the parameters of the properties to be included in the package.

      

      Must provide Proof of Product

4.      Will only provide Proof of Funds directly principal to principal

a.       To avoid unscrupulous brokers from using the PoF for unrelated properties without
consent

5.      After commission agreements and other protection instruments are signed, direct negotiation with principals can begin.

6.      Due diligence time depends on the size of the property, location, and type of property.

a.       A small property can be evaluated in 3-5 days

                                                              i.     
50 house tape in S. California

b.      $100 mil REO tape w/ 200 houses 10 Days

                                                              i.     
DD includes physical property inspection

Please e-mail me if you have any leads: [e-mail]

Al

[Ron Breitenbach]

I have two sorces and I can help you, Contact me when you get a chance, Ron Breitenbach 520-343
-7331

[Frank Noyes]

Thanks if you want to give me a ring in the am that w/b great.
617-803-7097

[Ron Breitenbach]

I believe you called me today, I will return the call tomorrow!

[Frank Noyes]

If you want to send me your private email I will send you the offering memorandum.

[e-mail]

1-617-803-7097

[michael downard]

Please email me at [e-mail] we have nationwide tapes pools and individual notes for purchase.

[Bonnie Laslo]

HI Al, I'll e-mail you