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Welcome to our new
Bulk REO Inventory!
Here is our current list of inventory. The packages can
change on a moment by moment basis so we can't guarantee the
availability. Once we have your offer or LOI then we can
proceed to ensure the package is still available. Afterwards,
we will need your P.O.F. to move forward in acquiring the package.
Let us know which package you are interested in pursuing.
We do not send out or post the packages online as we do not want to
create "daisy chains" of buyer representatives. I am in direct
contact with the rep who has the contacts with the seller's rep.
Thus, I am two removed on these deals unless otherwise stated.
If you are a buyer's representative please be within 1 or 2
people removed from the buyer. If we find out you are shopping the
lists to networks of reps or buyers then you will be removed from
our contact list. Please no shopping of the lists.
Current Inventory
Inform us by the basic package name as to which one you are
interested. Availability and terms can change in an instant.
Add 3% to price to include broker fees
Last Updated:
Feb. 10, 2010
Atlanta, GA - Dec 2009
- Package 7
- 28 homes in Fulton County (Atlanta, GA)
- Cherry Picking available
- Only $29,400 each
- Asking $823,500
- I have full list of homes.
- Plus 3 points
Las Vegas
- Dec 2009 - Package 8 (Small Note Package)
- 3 homes in Las Vegas, NV
- Performing assets
- 12% Interest Rate for two; 6% rate for one home
- Interest Only loan
- 3 year balloon
- Note is within 2-3 months of of term
- Note values $45,000; $70,000; and $40,000
- Can cherry pick
- Plus 3 points
Nationwide
- Dec 2009 - Package 9 (Notes throughout the country)
- Various values.
- PN, NPN, CMO, MTN, BG, TSTRIPS, TBOND & etc.
SunBelt Package
- Dec 2009 - Package 10 (Southern & Pacific States)
- Was 20 homes only 12 remaining
- Purchase price for 12 buildings:
$452,000
- Purchase for each is: $36,583
- Cherry picking allowed
- Homes are in AR * 1; AZ * 3; CA * 2; LA * 2; NV * 1; OK *1; TX
* 1; UT * 1
- Plus 3 points
Chicago, IL
- Dec 2009 - Package 11 (11 homes in Chicago, IL)
- Asking Price for all 11 homes:
$143,300
- Most homes are 3 to 6 bedrooms
- Cherry Picking allowed.
- Includes 3 points!
Texas Package
- Dec 2009 - Package 12 (18 homes in various major TX cities)
- Asking Price for all 18 homes:
$482,800
- Cities include Dallas, Ft. Worth, San Antonio, Waco,
Greenville, etc.
- Cherry Picking allowed.
- Plus 3 points.
Orlando Hotel - Jan 2010 -
Package 16 (127 unit hotel)
- 127 unit hotel in Orlando, FL
- Asking price of
$3.65 M
- $592,000 NOI
- 17% Cap Rate
- Fully renovated.
- 4 buildings on 3.67 acres
- LOI and POF are required to get full package & financial
details
- Similar business model as Extended Stay Inn
- Add 3 points for brokerage fees.
Nationwide REOs - Jan 2010 -
Package 17 (246 homes in 33 states)
- 246 homes in 33 states
- Can be cherry picked
- Send an LOI to get all addresses. Buyer reps can send an NCND
for list of homes.
- AL* 6, AR* 2, AZ* 3, CA* 2, CO* 1, FL* 5, GA* 12, IL* 25, IN*
42, KS* 7, KY* 1, LA* 1, MD* 1, ME* 2, MI* 22, MN* 5, MO* 8, MS*
1, NC* 7, NJ* 4, NM* 1, NY* 5, OH* 18, OK* 3, PA* 13, RI * 1, SC*
4, TN* 8, TX* 14, UT* 2, VA* 2, VT* 1, WI* 7
- Total price for all homes
$4,350,250
- Less than half of the homes have a tax delinquency.
Total delinquency is $287,074.80
- Homes range from 1 to 6 bedrooms, mainly 3 or more.
- Add 3 points for brokerage fees.
Atlanta, GA homes - Jan 2010 -
Package 18 (20 homes in Atlanta)
- 20 homes in or around the Atlanta, GA area.
- Liquidation sale.
- Warranty deeds
- Total price for all homes
$1,233,750
- I have addresses. Available with LOI or NCND (for
intermediaries).
- Add 3 points for brokerage fees.
Wisconsin / Nevada / Arizona - Jan 2010 -
Package 19 (139 notes/homes)
- 139 non-performing notes on homes
- Mainly in AZ, NV, and Wisconsin
- A few in other states
- I have the sanitized version that will be released upon
request.
- Note balance of $19,344,828
- Total price for all homes
$8,500,000... may
take less
- Price is at approximately $0.40 to $0.42.
- LOI to get un-sanitized version from seller
- Add 3 points for brokerage fees.
Georgia Homes - Jan 2010 -
Package 20 (15 homes)
- 15 homes 4 cities of Georgia.
- Cities include: Atlanta *5, Decatur * 4, Lithonia * 3, and
Stone Mountain * 3.
- Warranty Deeds
- Prices from $28,000 to $45,000 each
- Total price of $551,900
- I have complete addresses. NCND for intermediary or LOI
for Buyer.
- Add 3 points for brokerage fees.
297 Nationwide Homes - Jan 2010 -
Package 21
- 297 homes nationwide.
- States include: AL*15, AR*1, CA*9, FL*5, GA*13, IA*2, IL*41,
IN*26, KY*2, LA*2, MD*1, MI*58, MN*4, MO*4, MS*5, NC*1, NJ*3,
NV*1, NY*4, OH*61, OK*1, PA*7, SC*3, TN*4, TX*2, UT*1, VA*9, WI*10
- Seller is a Hedge Fund
- Average price per home is $14,700. Price range is
$3,500 to $33,000
- Seller will entertain any reasonable offer.
- Total price of $4,369,750
- Cherry Picking seems to be fine.
- I have complete addresses. NCND for intermediary or LOI
for Buyer.
- Add 3 points for brokerage fees.
20 + 3 Homes in Rock Hill, SC -
Jan 2010 - Package 22
- 15 minutes out of Charlotte, NC
- 20 homes as one packaged deal.
- 3 additional homes bought separately belongs to the Seller
- All 3 bedroom / 1 bathroom for 20 packaged homes
- Average price per home packaged home is $48,000.
- Expecting selling at less than 60% LTV
- Total price for the 20 homes is
$960,000
- 3 additional homes for an additional
$142,000
- I have complete addresses. NCND for intermediary or LOI
for Buyer.
- Add 3 points for brokerage fees.
20 Cleveland Homes - Jan
2010 - Package 24
- 20 homes.
- All in Cleveland, OH
- Cherry Picking Allowed.
- Owner would like to have new owner consider offering a Land
Contract to current tenants. Some have already expressed
interest.
- Average price per home packaged home is $45,000.
- Most homes are rented. Rental Income is $15,769.
- Total price for the 20 homes is
$974,000
- I have complete addresses. NCND for intermediary or LOI
for Buyer.
- Add 3 points for brokerage fees.
54
Nationwide Homes - Jan 2010 - Package 25
- 54 homes in 15 states.
- AL*8, FL*6, GA*7, IL*1, IN*6, MD*1, MI*4, MS*1, NC*5, NJ*1,
NY*1, OH*2, PA*6, SC*2, TN*3
- Private seller prefers to sell entire package, thus no cherry
picking.
- Average price per home packaged home is $33,000.
- Total price for the 54 homes is
$1,782,400
- I have complete addresses. NCND for intermediary or LOI
for Buyer.
- Add 3 points for brokerage fees.
171
Texas Homes - Jan 2010 - Package 26
- 171 homes all in Texas.
- Price ranges from $5,000 to $80,000
- Private seller.
- Cherry Picking available. Minimum order is 50 homes.
- Average price per home packaged home is $33,800.
- Total price for the all homes is
$5,780,30
- I have complete addresses. NCND for intermediary or LOI
for Buyer.
- Add 3 points for brokerage fees.
8 Apts. in FL - 10 CAP
- Jan 2010 - Package
28
- 8 apartment complexes being taken back by bank.
- 95% occupancy.
- Being sold at a 10% Cap Rate.
- Incredible opportunity.
- All apartments are in FL.
- Unit sizes are: 130, 176, 212, 125, 92, 184, 140, and 352.
- Total number of units is 1411
- Pick one or all.
- As an entire package NOI = $7,551,560
- Value for all apartments
$72,200,000
- 10.3% Cap Rate if you take them all.
- Current bank may consider financing individually with 20% down
and a 25 year amortization + 2% closing costs.
- I have 2009 P&E reports for January through September which
can be given with signed LOI & NCND
- I don't have actual addresses, but I do have type, value,
city, state, and number of units
- NCND for intermediary or LOI
for Buyer.
- Add 4 points for brokerage fees.
Las Vegas Apartment Complex
- Feb 2010 - Package 29
- 94 unit apartment complex in Las Vegas, NV
- Very little information on this one. Buyer will have to
do own due diligence.
- This is an assignment only, no brokerage fees.
Intermediary or Buyer Rep must call me prior to any marketing of
this property.
- 2nd quarter 2009 appraisal from Seller once LOI and POF have
been received by Seller, no exceptions.
- Assignment price for this is
$2,300,000
- NCND for intermediary or LOI
for Buyer.
SC Homes / Multi-Family Package - Feb 2010 - Package 30
- 12 homes, 18 duplexes, 5 quadroplexes. 69 units in all.
- One of the 12 homes includes 2 homes on one parcel.
- Cherry picking allowed on this one.
- Mainly in Greenville or Spartanburg, SC.
- Purchase price including rehab is between 35% to 59% on the
dollar.
- I have full addresses which can be released with a signed NCND
from Intermediary or Buyer Rep OR a signed LOI from a Buyer.
- Estimated Repairs on all items is:
$56,000
- Purchase price for all items is
$2,300,000
- Add 3 points for Brokerage Fees.
- I have pictures of each property. I can send those with
the addresses or if you want them on a specific property.
Nationwide Small
Package - Feb 2010 - Package 31
- 27 homes in all.
- Priced at $2,700 per door.
- This is our smallest deal yet. First time investors are
welcomed.
- Quit Claim Deeds on each home.
- Quick closing.
- Not bank owned. These are from a Private Seller.
- I have a sanitized list available upon request. LOI to
get unsanitized version from Seller Rep.
- Purchase price for all homes is
$72,900
- Brokerage Fees to be added to price.
Alabama & Georgia Package
- Feb 2010 - Package 32
- 67 homes in all.
- 10 homes in AL, 57 in GA.
- This is a simultaneous close type of deal. Seller
is buying properties on a flip while leaving equity in the deal.
- Grant Warrant Deals will be granted on all of these by the new
Seller.
- I am direct to Seller Rep.
- Quick closing.
- Not bank owned. These are from a Private Seller.
- I have an unsanitized version from Seller Rep.
- Purchase price for all homes is
$2,279,000
- 3 Points in Brokerage Fees to be added to price.
Texas Apartment Package
- Feb 2010 - Package 33
- 20 Commercial/Residential Properties
- 19 in Texas, 1 in Louisiana.
- 3928 total units.
- This package is from a Private Seller.
- Grant Warrant Deals will be granted.
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Most properties
contain features like corporate suites, large units, pools,
garages, carport, gated community…and much more.
- Average price per door is: $76,374.75.
- Property management already in place with a great track
record.
- I am direct to Seller Rep.
- Cherry Picking allowed.
- I have basic financials on each complex. Available with
NCND from Intermediary or LOI from Buyer. NO SHOPPING THIS
DEAL OUT. Either buyer or buyer rep should contact me.
- Purchase price for all apartments is
$300,000,000
- 3 Points in Brokerage Fees to be added to price.
Las Vegas Golf Course - Feb
2010 - Package 34
- Championship caliber course
- Guard gated community
- Views of the Las Vegas Strip
- 7,272 yards long
- 18 Hole par 72
- Former site of the PGA Las Vegas Invitational and Pepsi Tour
Events
- 6 lakes in play on 10 holes, make the course a challenge for
golfers of all levels
- One of the finest practice facilities in Las Vegas: 16 acre,
40 tee driving range, 5 practice putting greens, 2 practice
chipping greens and 2 practice bunkers
- The clubhouse facility offers significant potential return
- The tastefully appointed “Members” club and “Squire” club
total 37,500 square feet with a large, full service kitchen, and a
combined
banquet capacity of 600 people.
- Purchase price for everything is
$15,000,000
- 3 Points in Brokerage Fees to be added to price.
- I have additional statistical details on the course,
clubhouse, irrigation system, and facilities. Address and
course name also available for serious buyers only.
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