I am involved with a small group of other real estate professionals in my area, looking for lenders that are wholesaling defaulted notes on properties in the SE Florida community. We are an eclectic group and complement our skills with our diversity in the industry.
We each are very established in our own businesses and know the area well. We also know that with all the foreclosures out there, there should be a more abundant supply of lenders looking to unload their non-performing assets than we are seeing from the brokers we have dealt with so far.
Finder's fees, commissions, or other forms of compensation is not the issue, we are all in this to make money. We need to find REAL value offerings, not "marked up" discounts that are the same resubmitted junk offered to the general public. Anyone with access to these portfolios in the 40% of TRUE LTV or lower, please contact me via email. We can perform our 'due diligence' and close with amazing speed. If the numbers are right, the money is not a problem.