Looking to Buy Performing 1st Position Residential Notes

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Looking to Buy Performing 1st Position Residential Notes

Member since 2024 · 5 posts · 3 votes

Hi everyone — I’m actively looking to purchase performing 1st position mortgage notes and wanted to share our current buy box in case anyone has paper they’re considering selling.

What we’re looking for:

  • Secured by 1–4 unit residential properties

  • Non-rural, under ½ acre

  • 5 bedrooms / 3 baths or less

  • 2,800 sq ft or less

  • ARV below FHA loan limits

  • 1st lien position only

  • LTV at or below 70%

  • Targeting 15%+ yields (can be achieved through discounting)

  • Non-owner occupied preferred, but not required if yield supports

  • Shorter remaining terms (under 5 years preferred), flexible for higher yield

If you’re holding notes that fit — or are thinking about liquidating part of a portfolio — feel free to comment here or send me a message with a brief overview.

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  • Member since 2026 · 8 posts · 1 vote
    7mo
    Quote from @Donna M Tuite:

    Hi everyone — I’m actively looking to purchase performing 1st position mortgage notes and wanted to share our current buy box in case anyone has paper they’re considering selling.

    What we’re looking for:

    • Secured by 1–4 unit residential properties

    • Non-rural, under ½ acre

    • 5 bedrooms / 3 baths or less

    • 2,800 sq ft or less

    • ARV below FHA loan limits

    • 1st lien position only

    • LTV at or below 70%

    • Targeting 15%+ yields (can be achieved through discounting)

    • Non-owner occupied preferred, but not required if yield supports

    • Shorter remaining terms (under 5 years preferred), flexible for higher yield

    If you’re holding notes that fit — or are thinking about liquidating part of a portfolio — feel free to comment here or send me a message with a brief overview.


  • Member since 2026 · 8 posts · 1 vote
    7mo

    I can help you find those deals for free no cost to you just refer you you negotiate the deal my job is to find those exact deals to you and move out looking for long term relationship thanks.

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