Brad Chandler posted a discussion
We have spent a year chasing bulk purchases in DC, MD and VA to no avail. Every portfolio we have reviewed the bank is wanting 80%+ of market value. We are ready to purchase $5M if we can buy at 65% of after repair value less renovations. Please let…
Jan 15, 2009
Brad Chandler replied to Steve Richardson's discussion Bulk Vs One at a time What really works with REO
"We have spent a year chasing bulk purchases in DC, MD and VA to no avail. Every portfolio we have reviewed the bank is wanting 80%+ of market value. We are ready to purchase $5M if we can buy at 65% of after repair value less renovations. Please let…"
Jan 15, 2009
Brad Chandler replied to Otis Phillips's discussion Attracting Qualified Buyers Now
"Do you mean "cold" calling?"
Jan 15, 2009
Brad Chandler replied to Brenda Sutherland's discussion Investors using Options as offers
"The bank has no idea you are selling it for $15k more. Once they sell to "A" they are out of the transactions."
Jan 15, 2009