Finding bulk REO packages is actually pretty easy to do if you know where to look and what to say to the banks.
Finding the funding can be difficult, but don’t waste your time trying to deal with banks that don’t want to talk to you.
Scenario: An Investor wants to buy bulk REO packages, or has a chance to pick up at 50 or 60 cents on the dollar, but as the current ongoing story goes – large purchase ”$$” financing has all but dried up in this recessionary / depressionary economic climate that we are experiencing right now.
Solution: There is an answer; Non-recourse stock based on a corporation’s or individual’s securities as collateral. These stock loans are non-recourse, whether the securities are treasury securities, aged or free , as well as options and warrants. These stock loans never have a margin call and no reporting. This is a private transaction.
Please feel free to contact me with any questions you may have.
If you access to bulk REO please get in touch with me. I have buyers!