We are interested in notes for income producing properties in which the foreclosure process has already been initiated and is ongoing. We look for deals in which we are happy with the interest yield on the property as well as the value of the underlying property. In addition, we are always looking at income producing properties, ideally retail and office, but we also invest in residential properties. When investing in REO’s we look at properties in which we can add value, such as leasing up, performing construction, etc. We prefer investments which require some work and/or are a bit hairy.
W Brothers Realty, LLC
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