Our Purchase Types & Guidelines
RL Freedom Capital is a national buyer of seller carry-back mortgage notes. We purchase individual loans as small as $25,000 and as large as $2,000,000. We work with all grades of credit. Our purchasing guidelines are as follows:
- SECURITY TYPES
- Single Family Residential
- Multi-Family Residential
- Condominiums
- Apartment Buildings
- Improved Land
- Unimproved land
- Commercial Properties (all types)
- NOTE TYPES
- Seasoned or New Notes
- Performing and Non-Performing Portfolios
- First Liens
- Balloons
- Real Estate Mortgages
- Contracts for Deed
- Land Contracts
- Deeds of Trust
- Partial Interest
- BUYING PARAMETERS / INVESTMENT TO VALUE RATIO
- Owner Occupied Single Family 75-80%
- Non-Owner Occupied 75%
- Commercial Properties 60-70%
- Improved Land 65-70%
- Unimproved Land 45-55%
