Raz V.

50 influence

The City of Angeles, California

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IM:
Profiles:

Mortgage originator/broker for 22 long years.

Search Engine Optimizer (SEO) and webmaster for over 10 years.

And now involved in bulk purchase of foreclosed properties along with a friend, -both of us are novices!

The only sports activity ever involved with is Western Horse Back Riding where the horse does all the hard work! No longer won a horse though.

Experience

Started in the mortgage brokerage industry back in 1986 when mortgage brokerage was in its infancy. There were hardly a handful of wholesale lenders in California and information very hard to come by.
Built the company up to about 16 employees and survived through a couple of recessions and an earthquake.
March of 2007 my lease was up for renewal. I could see the writing on the wall and decided to close the offices down rather than renew the leaseâ€¦ In another 6 months the bottom fell out of the mortgage business!
A friend of mine who was also in the mortgage brokerage business talked me into the bulk foreclosed property acquisition and I went along.

Real Estate Goals

To build a portfolio of houses sold on land Contracts and use the experience and expertise to form partnerships and do it over and over so long as this type of bulk foreclosure market exists.

Currently Seeking

REOâ€™s in lots of 10 to 30 or there about. Preferably, in low to moderate income neighborhoods. Not interested in high end properties. We buy for cash.