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Posted almost 11 years ago

Joint Ventures, Bad Apples and the Future! (Non performing note deals)

We're looking for Joint Venture partners...

on these hand selected deals.

Joint Ventures, bad apples & the future are 3 things I think about every day. Why?


Because nothing gets done around here without the right partners in place.

Then I think about bad apples: Non Performing Loans that sit around clogging up the works. Top Shelf Assets buys defaulted and non performing 1st liens. We are the "garbage disposal" for those bad apples. Then we make them fruitful by creating better than average returns for our joint venture partners.

How can we help you not only right now but on into the future?

Check out the examples below of deals that I'm working on right now. If you're interested in getting more info, contact me directly as these deals will go fast.

Leslie Kalk
Senior Portfolio Manager
Top Shelf Assets, LLC
[email protected]
512-592-8074

fayetteville

3 bedroom, 2 bath SFR in Fayetteville, NC
Lien Position: First
Unpaid Balance: $72,991
Market Value: 70,000
Note Price: 39,200
Foreclosure and servicing cost: 6,000
Taxes owed: 1,245
Profit/Costs = projected 50% ROI

jacksonville3 bedroom, 1 bath SFR in Jacksonville, Florida
Lien Position: First
Unpaid Balance: $85,093
Market Value: 60,000
Note Price: 33,600
Foreclosure and servicing cost: 6,000
Taxes owed: 1,624
Profit/Costs = projected 45% ROI

mobile3 bedroom, 1 bath SFR in Mobile, AL
Lien Position: First
Unpaid Balance: $76,116
Market Value: 58,000
Note Price: 32,970
Foreclosure and servicing cost: 6,000
Taxes owed: 738
Profit/Costs = projected 46% ROI

broken arrow4 bedroom, 2 bath SFR in Broken Arrow, OK
Lien Position: First
Unpaid Balance: $121,000
Market Value: 105,000
Note Price: 58,800
Foreclosure and servicing cost: 6,000
Taxes owed: 0
Profit/Costs = projected 62% ROI

Leslie profile pic
   Leslie Kalk
   Senior Portfolio Manager
   Top Shelf Assets, LLC
   [email protected]
   512-592-8074


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