Many Banks and Financial Institutions have a plethora of non performing notes and REO properties sitting on their books. As banks are in the business of lending and not property management it is in the best interest of the banks to liquidate their non performing assets. DebtStar Capital provides a liquidity solution for these banks with distressed assets on their books.
DebtStar Capital works hand in hand with the bank’s REO and Disposition teams in providing a fast analysis, complete due diligence and a letter of intent to purchase the bank’s distressed assets. DebtStar Capital’s team can underwrite a portfolio submitted by the bank within 24-72 hours of submittal. Upon interest, we will provide an Letter of Intent and Proof of Funds demonstrating our purchasing power for the purpose of acquiring the portfolio or individual asset.
Acquisition Targets:
50-500k of UPB
Nationwide with a focus on Michigan
Up to 75% FMV
1st’s and 2nd’s
Residential and Commercial
To contact our Acquisitions team please email a tape or portfolio listing to Kurt@debtstarcapital.com or call our office line!