BiggerPockets

CA Bulk Package.

Direct to Seller

Intermediaries/Buyer Mandates take care of securing yourself. Seller will not put up with any more daisy telephone games.

We're pulling off the mid-west stuff that is part of the package.

What is left is CA at 55%

contact me by email or visit our site below.

I work for the Seller directly, so I can answer any of the questions you need.

Sellers title co can verify ownership or LOA whatever you need.

Do Not Contact if You are Not a Buyer. We will work with sellers reps, intermediaries, but we want the buyer and seller to talk directly so there is good communication.

JG

Jason,

Is there anything left?

Jason,

If you can provide actual seller on title with any CA, AZ, NV REO packages I have a buyer. 20M-200M is sweet spot but will look at lower amounts. Actual check writer is on the phone once you provide Seller on Title.

Stacy

I don't think I heard anything.

BUT if anyone else can produce LOA or actual seller on title then my clients can still take down all of the SFR in CA, AZ, NV, UT that you can bring.

Stacy

Wow Guys, sorry for the delay in response...busy lately.

So here's the scoop:

Adam and i buy NON Ca stuff and Adam just took down 400 homes in GA a few weeks back.

He doesn't want another full time job playing bulk REO.

He's looking for a a partner/team player who has the cash and is wiling to take down the stuff he doesn't want.

Basically, he can get more bang for his buck spending money in GA on homes for rentals than he can in CA.

Catch is, if he wants to keep getting goodies at the prices he wants, the supplier wants him to move CA too.

He wasn't happy, and didn't realize how much of a clown show this bulk REO thing is...

As for now, we have a buyer for what we have, and they've put money up and signed contracts already. We'll see if it all pans out-looks like it should.

Most likely this new buyer will be the portal for CA stuff moving forward, but we'll see.

Most likely this buyer will be the one to deal with so Adam and I can get back to kicking in walls, and rebuilding homes for buy/hold.

I don't spend every day on here and rarely check the forum, so email me and we can see what we can put forward.

Proofing will be done (on our end) through Fatco where he closed this stuff.

Moving forward, he will simply introduce you/your buyer to the appropriate party so they can close their own stuff.

Again, he and I have partnered up on some deals so we can buy hold and we don't want to have a full time job being conference call attendees if you know what I mean.

Again, he and I want to focus on OUR homes, not bulk reo, and yet he still has to make the bank and his other connections happy by moving the CA stuff too...

Thanks,

Jay Gray
p.s. I think my email or web site is attached in my signature - don't expect immediate replies, my VM has been full and refilled every day...I'm swamped. sorry.

Stacy,

It looks like the JV partner is already in place as of today. Two parties have talked to FATCO and done their DD and have deposited funds-the SD package should be closed today. Call me later we can discuss your associates.