Bank Direct REOs/Notes Custom Made Nationwide
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Package Description: The Bank Asset Direct Program (BDAP) is a program tailored to large investors with a continuing appetite for investments in a wide array of properties and notes nationwide at huge discounts. It is ideally suited to investors with an interest in and ability to acquire individual assets or portfolios in excess of $250,000,000.00 million (purchase price, not aggregate book value, CMV or unpaid principal balance), on a one-off or continuing basis. ************Bank Discounted Products************************* · Single-Family Residences – Premium, A, B and C class – with prices ranging from 49% to 69% of CMV; · Multifamily Properties – A, B and C Class – with prices ranging from 49% to 64% of CMV; · Performing and Non-Performing Notes, with prices ranging from 30% to 80% of unpaid principal balance, depending upon quality, aging and performance; · Commercial/Retail/Office, with prices ranging from 49% to 65% of book value; · Industrial properties ranging in price from 49% to 65% of book value; and, · Hospitality properties, with limited availability and whose prices will be negotiable on an asset-by-asset basis. -25M min.
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