Contact Panel
My Blogs
| REO Packages made easy | |
| Written: | 07/18/2008 |
| Anyone looking for an apt complex | |
| Written: | 07/09/2008 |
| Anyone interested in Reo Packages or Bundles | |
| Written: | 07/06/2008 |
| Be carefull with signed agreements | |
| Written: | 06/16/2008 |
| Hey everybody | |
| Written: | 02/13/2008 |
My Details
| Investment Type: | Wholesale |
| Rehab | |
| Buy & Hold | |
| Activity Level: | Full Time |
| Investing Since: | 1999 |
| Reason on REI: | Investor Networking |
| Learn R.E. Investing | |
| Other Website: | CreativeInvestmentsREI.com |
| Member Since: | 07/05/2007 |
| Last Login: | 11/26/2008 |
About My Company
REO Bundles Available
For investors interested in REO properties direct from a bank or financial institution.
We are direct with banks which make up REO Bundles. SFR., meaning 1 to 4 family homes in any condition. 4 Family on up, Apartment Buildings or Complexes, or Raw Land , whichever you desire. We also have note packages, Paper for single family and commercial, These packages start at $5 mil or whatever your desires are. Also, keep in mind the bigger the packages the lower the Price Point. All it takes to get started is to provide soft proof of funds and an LOI letter. If you are financing a pre qualification letter from the financial institution showing your approval for purchase should be enclosed. Hard cash or other means to purchase are accepted prior to direct contact with the seller. The LOI should also state the type of properties. An example is provided at the bottom of this page. Please complete an LOI letter to expedite the process. These packages can be made for any state or location in any state. We will try to provide for your needs in any market in the US. We can accommodate your needs and make your experience with us successful and rewarding.
Here is a template of an LOI with what sellers are seeking : Address it to:
Seller of Record
We intend to purchase the following assets:
Type: REO's
Description: Single Family Residence
Condition: Zero - Light Rehab
BPO Range: 180,000 - 500,000
LTV: 50+3 or Better
Purchase Amount: Up to 500M Purchase Price (Take down)
Location: S.E. United States (Florida, Georgia, Louisiana, South Carolina,
North Carolina, Tennessee, Virginia)
Type: REO's
Description: Commercial (Shopping Centers, Hotels, Rental Apartment
Buildings, Industrial Warehouse)
Condition: Light - Medium Rehab OK
BPO Range: up to 1B
LTV: 50+3 or Better
Purchase Amount: Up to 500M Purchase Price (Take down)
Location: S.E. United States (Florida, Georgia, Louisiana, South Carolina,
North Carolina, Tennessee, Virginia)
Type: Non-Performing Notes
Location: Nationwide
LTV: 50+3 or better
Takedown: up to 500M
Plus soft proof of funds ($5,000,000.00) to follow, Then ounce hooked up with the seller Original Format before Receiving Package for Review!
Follow this process for speedy results!
Any question please contact:
Creative Investments REI LLC
Home/Office/fax
732-416-8395
Cell 732-397-5338
Bieniek6@hotmail.com























