I have direct seller of Bulk SFR REO tapes. Can provide tapes from $50MM up to $3B per deal. Buyers -- where are you? If you can proof-up with LOI and HARD POF  -- then let's do business!

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Joe,

To answer your quesiton -- I am one away from seller source.

Please send the following info to americaninvestments@ymail.com:
1. We will need an NCND agreement between us before we begin our business together. Agreed?
2. How soon do you need the tapes?
3. What is your relationship with your buyers -- are you the buyers rep or the IM?
4. Are there any other IM's involved?
5. Your buyers must be able to provide LOI and hard POF to begin transaction. Can they do this and how soon after I receive the signed NCND?
6. Are the buyers "shopping" these deals?
7. Any "take down price" must include 4pts to be split between buyer and seller "reps".

Please get back to me ASAP with your answers so we can fulfill your request.
Please send NDNC for my company to sign. We have buyers direct for SFR REO Nationwide.
LOI/POF Mandate Budd@ppgii.com Thanks
Hi John,

I am a direct private banker...if I may ask the following...

what are the sellers pricing expectations?

you are direct with the sellers right?

are the tapes unsanitized?

LOI-POF no problem...

talk soon cheers


Richard

www.windfallprivatebanking.com
rnorton@windfallprivatefunding.com
Richard,

Please send the following info to americaninvestments@ymail.com:
1. We will need an NCND agreement between us before we begin our business together. Agreed?
2. I am one away from seller source.
3. Pricing expectations depends on your order. Once we know the amout you anticipate purchasing we can set the "take down price".
4. Any "take down price" must include 4pts to be split between buyer and seller "reps".
5. Where do you want the properties located? SFR? SFR and Commercial?
6. How soon after I receive the signed NCND can you provide LOI and hard POF to begin transaction as time is of the essence?
7. Once everything is in order, tapes will be put together and sanitized for DD on your part.
7. Are you "shopping" these deals?

Please get back to me ASAP with your answers so we can fulfill your request.
Hi John,

I am a direct private banker...

a complete rate sheet outlining the types deals I'm looking for can be found @

www.windfallprivatebanking.com


please take 5 minutes out of your busy day and take a look...

if I may ask the following...

what are the sellers pricing expectations?

you are direct with the sellers right?

LOI-POF no problem...after I know the pricing expectations...commercial only min 2m and up...

sorry no advance fee agreements...

deals never turn out the way they start and I don't like to make promises I can't keep...

If this is acceptable please reply, if not best of luck...

cheers
Tried to check out your web site but it will not come up. Otherwise, need NCND agreement between us before we get started. What is your e-mail address please?
Please send info to americaninvestments@ymail.com:
1. We will need an NCND agreement between us before we begin our business together. Agreed?
2. Where do you need the properties located? How soon?
3. What is your relationship with your buyers -- are you the buyers rep or the IM?
4. Are there any other IM's involved?
5. Your buyers must be able to provide LOI and hard POF to begin transaction. Can they do this?
6. Are the buyers "shopping" these deals?
7. Any "take down price" must include 4pts to be split between buyer and seller "reps".

Once I have these answers I will contact the seller.
Hello Mr. Baumgarten,
Sir, we are seeking the following:
Residential non-performing loans:
• 1st lien position
• Balances between $250,000 and $800,000 for residential (generally, but no low balance loans)
• SFR, Townhome, Condo. We are seeking Commercial Projects as well.
• Preferably in good markets on the East Coast and West Coast, but will look at good collateral nationwide
• $5mm- $40mm portfolios are "sweet spot" sizes. For Commercial projects sweet spot of course can be higher.
You must be direct to the seller. Please verify this before sending it our way. No Broker Chain.
We will also need specific pricing expectations, color, and know that they are committed to selling the portfolio.
Please make sure that the deal meets all the above criteria, otherwise it will not be seriously considered.
Send the asset tape along with details to us and we will move forward from there. www.SiiCapitalFinancing.com
Once we have information from you on the Tape and product(s) offered, we have not problem with POF and direct contact to our group, Hedge Fund for amount past what we control. With out the product proof, Tape, we may not be able to work. We are open to dicuss with you various option, if you yourself, are direct to the Seller/Bank.

Regards,
Dennis Smith
SII Capital Financing
(253) 833-5797
www.SiiCapitalFinancing.com
dennis@siicapitalfinancing.com
Dennis,

I've been burned in the past giving out info without having an NCND in place first. If you are in agreement then I can send you our NCND to sign.

I have seller sources for NPF's and bulk REO's. I am one away from the seller reps who deal thru me to the buyers as their intermediary. This way they know I have made contact and proofed-up the buyer with LOI and soft POF before they will discuss business with the buyer. This is the protocol I follow with all buyers I deal with.

I would like to do business with you and your company. If you feel the same, then please contact me at 408-221-4468.

Thank you
Hello Mr. Baumgarten,
I am sorry to hear that you have gotten burned in the past by dis-honest person. I know what you mean and have been there myself dealing in other commodoties, Gold, Oil, etc., and such. too much of that around. So, we understand NCNDA's.

With regard the NPN's, we do not mind working with your Seller, if they are the seller, or, possibly working with the person that states they are direct to the bank - for a very short - stay. A couple of things,
1. We do not mind signing a NCND. However, we do not sign pre-fee agreement for any reason.
2. We do not work with broker chain. Must be direct.
3. Whilst we are more then willing to show our POF to a Seller direct, we do not show or send same via a broker, given any name they chose to use, IE...Broker, Facilitator, Complier, Mandate, etc. The exception to the rule is if it was a Signatory Mandate. We do not deal with such things as soft POF's.
Now, as you know, we are private Banker (lending money) and have no problem showing POF to seller. However, we are not the buyer here. But, the Buyer is willing as well to show same to the seller and place LOI, once they have reviewed the Tape and find it is what they want. We are willing to show our POF to get a good tape from the Seller, and be able to go over all color and price expectation with the seller, before passing same on to our buyer.
Further to my last mail to you, the buyer will as well, look at Commercial and Residential, NPN and Performing notes. I think I have sent you the cirteria they seek for Residential Non-Performing Loans.

So, in conclussion, we will sign a NCND provided it does not include a inclosed pre-fee agreement, and we will show our POF to the direct Seller, an order that we be given a Tape, with price expectations and color of each note. Our web address is www.SiiCapitalFinancing.com

We look forward to your response and remain. Thank You

Regards,
Dennis Smith
(253) 833-5797
Dennis,

Back and forth we go with what you want and what the seller wants. I'm dealing with the seller mandate. He get's his instructions from the seller who sets the protocol. And that seller wants to be sure his mandate has seen and approved the LOI and hard POF before they will talk with either you or your buyer. Rather than go thru another "mexican standoff" between buyer and seller, after you have signed the NCND, we can conference with the seller mandate an workout the differences to get a deal done. I'm sure there is a way we can all benefit from this.

I need your e-mail address in order to send you the NCND. Thank you.
Hello Mr. Baumgarten,
John, no worries, we will not go back and forth. The simple solution is we do not show our POF to brokers in the deal, and we will have the Buyer issue the LOI once they have been shown a sanitized tape, with pricing expetations and color for the notes.

1. Again, we have no problem sending our POF to the Asset Manager handling the notes. We will be needing to speak with him as well soon thereafter, to go over the color etc., on the notes, before presenting and going over the list with buyer, as we, (SII Capital Financing) may purchase 1or2 of the smaller products that the buyer may not have an appitite for.

SII will not be issuing the LOI, it will be our buyer and they have absolutley no problem doing so, if interested in the Notes they review. We show our POF, an order to get a sanitized Tape and information with direct access to the Seller, to know who they are. We then review the note before sending same to the buyer. If they like what they see, we can set up conversation between the pricipals (buyer and seller) and let them work out particulars.

Until we have an agreement of the understanding and conditions mentioned herein, I would not think there would be a need to sign a NCNDA. John, we well not waste your time with a situation we know all to well. Farnkly, I do not see this as a match.

Should you have or come in contact with a seller direct, or conditions that meet our need, please keep us in mind. We will be ready. Thank You

Regards,
Dennis Smith

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