Today, I received an email from one of my RE agents telling me of a builder, whose bank had went "belly up" due to the "bank crisis" So, he needs to sell off his properties to an end-buyer and she invited me to take part in the "sell-off." I hope there is much profit to be made as it appears.... I recently sent her an email to get back with me on the details.... This may be the "BIG DADDY of them ALL!!"
So, here is a portion the email I just received....
".....I have a client that is a builder. His properties were financed by the Bank of XXXXXX which was seized.
Anyways he has heard that the loans are going to be sold for 20-30 cents on the dollar. He is looking for an investor that will buy his properties from the bank for a little higher than this, then sell them to an end buyer at a price that will sell but makes him and the investor $$$$.
Let me know if you are interested."
If there are any investors out there in the family looking to invest or know of any end-buyers .... Email me at: jenkinsmhg@**** or PM... Shalom!