Market Commentary
My investor is seeking mortgage or real estate investments in distress
August 8, 2012 | Posted by: Francine Tracey
I have an investor with the following requirement:
Total available: $15,000,000
Minimum Investment: $100,000
Type of Investment: Mortgage or Real Estate, prefer distress situations
Type of property: Residential, Commercial, Industrial
Areas: Central GVRD, prefer Vancouver, Burnaby, and neighbouring cities.
What do we mean by Distress?
Typically, the seller of the investment/asset is looking to cash-out quickly.
Situations may include:
- Foreclosure
- Liquidity Issues
- Difficulty making payments
- Debt to Equity Ratios out of line
- Divorce
- Partnership dissolution
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- The current investor wants to sell the asset to make another higher return investment
We will look at any real estate transaction and also mortgage investments including existing first and second mortgages, or new first or second mortgages.
Please call email fran@mfuture.com or call me on cell
Francine Tracey
604-961-6550

