Category: REO
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Bank Note Blunders
Bank Note Blunders Buying bank notes for non-performing loans is one of the easiest ways to make money in real estate today. Sure, it’s not absolutely fool-proof (nothing is) but it comes pretty close. So, why does it seem there are so many people making a mess of buying bank notes? Like most things in…
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How To Fund Your Project Today
This came in Thursday morning, March 11, 2010 from Chris after our telecon. I spoke with Bruce W. in Las Vegas. He is obtaining $275m from JP Morgan Chase in exchange for 25% of the company. I shared this information with him. I’ve been involved with Large Project funding for several years. This is the…
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Managed Buy-Sell –Trading- PPP Programs Starting from $1MM + FAST HIGH RETURNS CAN BE USED FOR PROJECT FUNDING
Managed Buy-Sell –Trading- PPP Programs Starting from $1MM + FAST HIGH RETURNS CAN BE USED FOR PROJECT FUNDING Translate your strategic objectives into action -$$$$$$- growth and profit objectives. Our current performance management system and proven performance based forums will create an effective performance management system that helps to translate strategy into action, productivity, and corporate…
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Commercial REO Acquisition
DISTRESSED DEBT Eugene R. and GCREC are uniquely positioned to provide the capital you need for the purchase of discounted or distressed notes. GDC Partners are exclusively focused on the acquisition of discounted debt on well positioned properties and have invested over $1.4 billion dollars into these types of transactions over the last 2 years.
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Lender Testimonial October 8, 2009
We recently met with Joe Tufo, working on a cross-collateral cash-out deal in CA. It was quite complex involving 1st & 2nd lien positions blanketed over 4 separate parcels. Joe was very thorough in providing a complete overview of the file including all of the needed information for us to finance this project. He went…
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REO Q&A FDIC List October 2009
This was sent to Art in San Francisco Saturday October 3rd in response to his starting and stopping an acquisition of Commercial REO Property in San Francisco: Please read through and see the links below and you will see how it works and how US NEWS wrote an article on the non-profit. Name of Non-Profit:…
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Distressed Debt and Workout Solutions
DISTRESSED DEBT Eugene and GCREC are uniquely positioned to provide the capital you need for the purchase of discounted or distressed notes. Eugene’s Discount Capital Partners are exclusively focused on the acquisition of discounted debt on well positioned properties and have invested over $1.4 billion dollars into these types of transactions over the last 2…
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AVAILABLE PROGRAMS: Commercial
Eugene is a new vendor of ours. Read what he offers. AVAILABLE PROGRAMS: Transaction Types: Fixed and Variable-Rate Mortgages Senior Secured Debt Mezzanine Debt Hard Money Bridge Loans Equity Structures Credit Facilities Property Types: Multifamily Apartments Office Buildings Retail Centers Industrial Properties Hotels/Motels Medical Facilities Self-Storage Facilities Senior Living and Care Facilities Mixed Use Properties…
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Failed Bank List Consider REO’s
I subscribe to several banking publications as well as lists from the FDIC. I pulled this off http://www.fdic.gov Monday morning September 21, 2009. You may want to consider acquiring residential and commercial REO’s. Simply type REO in the search box on this website. We’ll need an LOI and Proof of Funds and can accommodate orders…
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Available Bulk REO & Performing Note Packages Sample LOI and Procedures
Make an offer regardless of the sales price or asking price! To review tape: Make offer in the form of a “Letter of Interest” (we can provide) and sign the Mutual Non-Disclosure Agreement (we provide) and be prepared to provide Soft Proof of Funds for Seller review. We have access to FDIC liquidation event properties, one of…
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Trade Platform Availability from George O and Brad J.
I received this August 11, 2009. If you have the liquidity and want to participate you may want to consider this opportunity: August 11, 2009 Hello Joe, as per our phone conversations, here is an outline about the so called 300K Program: The client has to be aware that the funds have to be placed…
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FREE Live Webinar Series Fridays 1:30PM – 2:30PM Pacific
We are launching a FREE Live Webinar Series Fridays 1:30PM – 2:30PM Pacific Go to: http://workingcapitalfast.com/next-webinar to sign up.When you subscribe you will automatically receive articles as I post them on the www.workingcapitalfast.com site. If you come to this event live it will be FREE. If you access later there will be a fee. We …
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Tufo Summer Update/FREE Webinar Series Starts Aug 7th 1:30PM to 2:30PM Pacific/Film Funding Punch List/New Large Project Funding Source (to us)/REO List and More
This is a recent newsletter. If you’d like a copy of the entire document write me at joe@joetufo.com or call me. better yet subscribe to www.joetufo.com/blog and receive every article as they are released. This is almost a book in length. Greetings from sunny warm Concord California where temperatures were in the 80’s today. Having…
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REO Rules
Follow these rules and you get to the prize! Real Estate Owned by the Bank (REO) Make an offer in the form or a “Letter of Intent” and a Non-Circumvention and Non-Disclosure agreement will be sent to you (we provide the LOI and funds verification template for you), also be prepared to provide Soft Proof…