Looking for nonperforming notes secured by SFR and MF in South Texas zips 785xx.
A “good” note depends on various aspects.
Location: Says it all.
Price: (in my experience Note price (regardless of UPB) should be no more than $0.43/$1.00 current value of the home in order to make a decent return after all is said and done.)
Borrower profile: Active duty military and bankruptcies are not desirable in my eyes.
Documentation: Recorded properly and originals in hand!
Contact Info(956) 361-9941
749 Resaca Shores,
San Benito, Texas 78586
Locations: MO, TX
Minimum: $ 50,000
Maximum: $ 1,000,000