Portfolio Brokers

By
Real Estate Agent with Realestate.com

I work with many investors and I have some clients that are interested in buying Books of Mortgage Loans, or what you might call a small portfolio of loans at a discounted rate.  They have 1/2 to 2 billion dollars they are willing to invest.  This is new to me, and I am looking for someone that might be savy in this area of business that can give me some advice.  Please let me know what steps I might need to make and what to watch out for.

Tonya L Harrison

  

Comments (3)

Lane Bailey
Century 21 Results Realty - Suwanee, GA
Realtor & Car Guy
I have a broker that says he can deliver these things.  As much as I've had requests, I've yet to see anyone actually come up with the funds to follow through.  
Oct 11, 2007 01:58 PM
Tonya Harrison
Realestate.com - Bellevue, WA

Lane,

 Thank you for such great advice.  I know that it is not a Realtors line of work, so the funds that are questioned is not the issure, what I was looking for is some advice an the process of the way it might work and what steps to take to get the two connected and make a percentage...if it does come thru,  I never put a brick fence up on anything, even if they do not have the funds, there are bigger fish in the Sea and I might just have the know how to do it then if it comes around again. 

Great motto:  I will Persist Without Exception!

Tonya

Oct 12, 2007 06:03 AM
Tonya Harrison
Realestate.com - Bellevue, WA

Lane,

 Thank you for such great advice.  I know that it is not a Realtors line of work, so the funds that are questioned is not the issure, what I was looking for is some advice an the process of the way it might work and what steps to take to get the two connected and make a percentage...if it does come thru,  I never put a brick fence up on anything, even if they do not have the funds, there are bigger fish in the Sea and I might just have the know how to do it then if it comes around again. 

Great motto:  I will Persist Without Exception!

Tonya

Oct 12, 2007 06:03 AM