PTE Group, Inc
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PTE Group, Inc
2901 W. Coast, Suite 200
Newport Beach, CA 92663
Phone: 949-200-7109
Email: email@ptenotes.com
Earnest Investing, Inc. Claimed
233 Jumping Pound Terrace, Cochrane, Alberta T4C 0K5, Canada,
Nathan Turner, President
312-860-3747
(Landline)
Short Description
Earnest Investing purchases and manages performing and non performing notes to provide an above average return for their passive investors. When people buy a house and obtain a mortgage, the last thing on their minds is the possibility of defaulting on their payments and being in danger of losing their house to the bank. As the great recession started in 2008 this is exactly what happened to millions of Americans as the fallout of the banking crisis started to unfold. After gaining some experience in seller carryback lending, Earnest Inc.’s founder, Nathan Turner, had the opportunity to start buying some of these non-performing mortgage notes in 2010. One of the most profitable and rewarding outcomes that Mr. Turner was able to achieve was to get the borrower making regular payments again (thus making it a performing loan). This not only allows the borrower to stay in the home but gives long term income backed by the real estate to the lender.. Essentially, when Earnest buys the loan, they buy the right to continue to collect the payments by becoming the new “bank” for the borrowers. The bank that originated the loan is now out of the equation and the relationship rests between the borrower and Earnest.
BUYER'S INFORMATION
3
Types of security we like:
SFR
Owner Occupied
4
Buys pools / portfolios:
Yes
Has a minimum cash on cash return requirement:
No
Has a minimum loan to value requirement:
No
Has a minimum discount:
No
Has a minimum payor credit score:
No
Do you buy partials?:
No
10
Do you promote live events?:
Yes
Link:
www.diversifiedmortgageexpo.com
9
Do you close your own transactions?:
Yes
1
Assets we buy:
Senior Lien (1st Lien)
Contract for Deeds
Wraps / AITDs
Performing
Non-performing
Non-performing
2
States we buy from:
National
5
Has a submission form for sellers:
No
6
Has a private investment fund:
Yes
Service notes for third parties:
No
Link:
www.earnestinvesting.com
Lends money:
No
Offer educational services:
No
Works with brokers:
Yes
Do you have a broker training link?:
No
7
Purchasing Format:
We buy for our own account
233 Jumping Pound Terrace, Cochrane, Alberta T4C 0K5, Canada,
Contact Persons
President
Nathan Turner (+)
Earnest Investing, Inc.