• Property Acquisitions
• Investments
• Real Estate Financing
• Purchase of Existing Notes
• Apartment Rentals

Note Purchase

We purchase without recourse, new or seasoned notes secured by interests in real property located anywhere in the United States. Our time to close a purchase transaction is generally short.

Our firm can purchase notes subject to, among other things, the folllowing criteria:

  • Loan face amounts from $15,000 to $25,000
  • Must have amortization schedules no longer than 20 years
  • Must be callable in no more than seven years
  • Secured by improved real property (commercial or residential)
  • Unpaid balance on loan (together with prior mortgages), to property value ratio not more than 75%
  • Discount purchase price competitive (highest purchase price paid)

For further information email us: mellen@melleninvestment.com

Mellen Investment Company, LLC | 2627 C Street, Suite 100 Anchorage, AK 99503 | 907.563.5121
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