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Old 05-12-2008, 03:46 PM   #1 (permalink)
Vegas High Riser
 
Status: Junior Real Estate Forum Member
Join Date: Aug 2005
Location: Las Vegas
Posts: 6
Default Buy REO Bank Foreclosures at 18 cents on the dollar

This just in: My investor group just got another REO package from a major bank consisting of $6.4 millions dollars worth of foreclosed real estate properties which they are purchasing from the bank for 18 cents on the dollar. The group is looking for additional investors to take this package down which creates an amazing opportunity for those of you looking for an investment that makes sense today in these recessionary times.

Most of you are aware that we raised $2.5 million dollars from our investor base for the last bulk REO deal in just under 2 weeks, where the properties were likewise purchased at 18 cents on the dollar. This particular bank was so impressed by the urgency in which our group acted that they've come to us first for this $6.4 million dollar offering - and we have just 3 weeks to do it this time.

For those of you who missed out on the original deal, obviously time has run out and that successfully funded package is no longer available. However, our new deal will provide you with the redemption you'll need to purchase REO's at a fraction of the cost - in an environment where you couldn't possibly get anywhere close to these terms and pricing on your own.

So here's the obvious question: Why will the bank sell to our group at such a discount rather than go to individual investors? The answer is simple - the size of our group brings enormous creditibility to the table. But more importantly, we have a clearly defined EXIT STRATEGY that (like the bank) you're going to be amazed at when you hear it.

Want to invest in bulk REO properties at pennies on the dollar pricing without all the hassles of going to auctions, contacting banks, probate sales, estate sales, and all that other crap you see advertized by these "get rich quick" real estate scammers? Your window of opportunity is right now, so contact me right now at info @ vegasnnn.com for more details on how you can get involved with this package. First come, first serve ... as soon as this deal is funded, it is GONE! - and those on the sidelines will have lost out again.

high-yield-investments.com
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Old 05-14-2008, 09:12 PM   #2 (permalink)
ericbadgley
 
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Posts: 22
Default Re: Buy REO Bank Foreclosures at 18 cents on the dollar

Is this guy serious?
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Old 05-15-2008, 12:39 PM   #3 (permalink)
Vegas High Riser
 
Status: Junior Real Estate Forum Member
Join Date: Aug 2005
Location: Las Vegas
Posts: 6
Default Re: Buy REO Bank Foreclosures at 18 cents on the dollar

I would have prefered a more mature response, but yes, VERY serious!
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