Debt Buyer
CurrentEquity Asset Management, LLC is a Connecticut based real estate related firm specializing in buying, managing, brokering and selling mortgage notes. We have been involved and operating in the real estate space since 2005.Equity Asset Management, LLC works with and is backed by industry leaders in the real estate, banking and finance community and our primary focus is the acquisition of non-performing 1st lien position mortgages on single family residential, condominium and multi-family (2-4 units). We will also look to acquire non-performing and performing 1st position notes to include commercial property on a case by case basis.Debt Buyer - Specializing in the acquisition of Non-Performing Mortgage Notes (NPN's) with the following criteria:Occupied SFR, Condo & Multi-Family (1-4 Unit)1st Position OnlyNationwide (Rust Belt is considered, but at lower % price to UPB)Capacity to handle Tape sizes of $5mil to $50milAcquisition Guidelines:Must be Off-MarketMust be able to speak directly with sellerNo (Zero) Broker ChainsMust be Seller Direct (In control of deal/tape)POF's provided as part of Due Diligence (No POF to look at deal/tape)Must provide Seller Asking PriceMust know if trade is All or NothingAdditional Preferences:UPB - $30k to $50MPay History - No more than 5 years past dueMinimum CMV - $30k per assetMaximum CMV - $400k per assetAge of Home - 1980 or newerOccupancy - Prefer OccupiedStates (Preferred) - AZ, CA, TX, NV, OR, IL, NY, NC, GA & CO (Other considered based on Price)We also will consider acquiring Performing Notes, Partial's on SFR's and both performing and non-performing Commercial Notes on a case by case basis.