I’m a California Real Estate Agent/Investor.My real estate office has an established relationship with Lender Clearing House that offers custom bulk Bank-Owned Real Estate (REO) portfolios ranging from $2 million and higher. I would like to purchase properties at 50% or better (3% purchase fees + 3% closing costs + 44% property value) on Single Family Residences (SFR). Most hard money lenders only handle 1 property at a time. I have found 1 lender wanting 10% down = $200K, but that’s entirely too heavy to lift by myself.

A $2M portfolio is roughly 8-14 properties in the San Fernando Valley. I need help locating a reputable lender that is willing to fund on the structure of the deal, all property will be immediately resold at 90% (est.). Can anyone help me?

dbx-Risk Arbitrage 8 - Changes to Fund
dbx-Risk Arbitrage 8 - Changes to Fund

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OLA Announces New Investment Sub-Adviser, Fund Name, Ticker Symbol and Other Changes
LISLE, Ill.—- Old Mutual/Claymore Long-Short Fund announces that the Fund’s name and NYSE ticker symbol have changed to Guggenheim Enhanced Equity Income Fund , effective following the close of business on June 21, 2010.

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