Real Estate - Austin, TX, US
We specialize in the acquisition of non-performing 1st lien residential mortgage notes (NPN) across the United States, providing lending institutions, hedge funds, banks and other owners of non-performing assets with liquidity and balance sheet relief. Our strategy is to purchase these mortgage notes at a discount for our portfolio and our joint venture partners. As a private investment company, Cross Country Notes LLP offers a number of solutions for distressed borrowers (homeowner or investor) not available to them with banks and other lending institutions. We are a privately funded organization working in joint venture or partnership with private capital. Our business model provides double-digit returns to our investors, targeting assets with a value from $20,000 to $120,000. We employ multiple exit strategies to maximize value to our investors and portfolio. We continually develop our sources to acquire quality notes, and we strive to maintain a solid, on-going and mutually beneficial relationship with all our acquisition partners. Our primary strategy is to work with borrowers to offer a loan modification solution that turns the note back into a performing loan, producing a positive outcome for all involved. Other strategies involve taking back the property from the borrower, allowing them to move on with their lives. We strive for a win-win for the borrowers and our partners.