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Since you had 70+ people in here look and none say hello, I thought I would say it.

Welcome!!!!!!!!!!!!!

I can get you stuff at 50 cents on the dollar ALL DAY LONG in Florida. These are Brand New Homes!!! Also, what part of Florida?

Let me know,

I dont advertise this very much because most people (no offense to anyone in here intended) dont understand it, but our company moves securitized real estate at a small discount with rated weighted average returns.

Now I dont know if you can pull off the required capital, but for example we source investors for two of our sources that sell rated loan pools. They will sell off a $1,000,000.00 pool for 95% of its face value (which at first glance sounds terrible), but the loan pool matures in .40 years (about 4 1/2 months) and returns around 12 - 14 percent. Of course this is not a guarantee, but historically that is what these have done...so you can make very good monies in this model quickly.

The pools are rated (aaa, bbb, etc.) by Bear & Sterns, Moody's, etc

It is a very nice niche that most people dont know about...you are picking up securitized real estate pools (essentially).

If you would like more information I am happy to assist you provided you are willing to pay me a small percentage for the assistance.

Gmeade,

Actually, most banks have only listed about 15 to 20 percent of their avialble inventory. You can find this inventory if you dig hard or long enough. It took our company three years to get to the point of having 80+ lenders we work with.

The first year, all we did was make calls for 8 hours a day x 4 people. Never collected a dime the first year, but stuck with it.

The properties are out there and not on the MLS. You can do what we did or pay a premium to get you in the door and get you immediate access to inventory (which is what we do)

Hope that helps you out.

Who is the note expert in this forum? I am curiouos to know who has some exensive experience buying and / or evaluating notes.

go to http://put.elpasoco.com to find the information you are looking for. The public trustee is the government branch that handles any deed or lien issues as well *** foreclosures for any real property in Colorado.

I get nervous when I change a light bulb...No way you get me up there!!! Not even for a million bucks!!!

Maybe $2M...Maybe.

Maybe not

Now if I was :beer: enough to feel like :superman: I suppose I could take the shock :badwords: and look like this :goofy:...but with my luck I would look like I just stuck something into a light socket :groovy: or end up dead :violin:

I guess in reality I am just a big :chicken:

Josh,

As an FYI, I am happy to pull off the reports from our mail servers showing you that Ethan has responded to those people that have contacted him. he just doesnt use the PM feature of the forum.

When are we gong to get together now that you are out here?

I just found out that Countrywide is planning on liquidating their REO's through foreclosure.com using their auction program.

Could be very interesteing to see where that heads with the rest of the lenders.

I can peel all of you out REO's anywhere you want them.

I need the following information:

Location (City and State)
Minimum Asset Value
Maximum Asset Value

Minimum of $5M per transaction req'd.

Please email me with your wish list.

By the way I am in Colorado Springs.