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Re: Bulk REO Sales

Posted by Mark Brifman on August 23, 2007 at 8:09 AM

In Reply to: Bulk REO Sales posted by Antonio on August 22, 2007 at 4:56 PM

: We are establishing relationships with lender affiliates to facilitate Bulk REO Sales in the areas of Southern California, Nevada, and Arizona. (Sometimes as low as 40 cents on the dollar) Basically, were bringing investors to the table to buy these packages.

: Does anyone have any experience putting together investment groups (REITs, HEDGE FUNDS, Syndicates, etc) that buys these types of packages. I'm looking to put something together so WE can buy these packages..

: Any help is greatly appreciated...

==============================
Our office has put together such syndicates. The most important
thing you need to have is access to the people with money. If
you have that, finding properties is the easy part. If you would
like to discuss how to form an organization, email me.

Note - while your opinon may differ, it is likely a bit early
in Southern California, to be doing this. You can see the
information as easily as I, and while this is a good time to
start planning, it strikes me that there is way more downside
to this market than upside at the moment.

Mark Brifman (licensed only in California)


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