416
https://ptenotes.com/media/com_jbusinessdirectory/pictures/companies/500/pte-inc-6_1712335536.jpeg

PTE, Inc. Claimed

112 Harvard Avenue, Suite 250, Claremont, CA 91711
David Tedder & Larry Pearlman, Founders

Short Description

1. Our primary business is in the acquisition and consulting related to trust deeds and mortgages. For our own portfolio we acquire non-performing 2nd trust deeds generally in California, Nevada and Hawaii. We try to put them in a re-performing position and then decide if we will keep them or sell them to one of our buyers or place them on one of the many exchange sites that exists at this time. We have just started making an effort to secure non-performing 2nd's where the collateral is small (4 to 50 units) multi-family properties. 2. We also have a number of buyers who deal with us for the specific purpose of locating non-performing 1st and 2nds in various parts of the country. The bulk of this group has a buying limit of under $1,000,000. 3. We also consult/partner with a number of family offices that are looking for blended loan pools (both performing and non-performing) in the range of $5-20M and with this area we are usually dealing with banks and financial institutions. As an example, one of our groups has been forced into this area. They currently own approximately 15,000,000 sq ft of office space in multiple states and their wish list is to acquire low occupancy office buildings as they have the infrastructure and capital to add value. They have not been as successful recently as they would like, and we have now been tasked to locate trust deeds or mortgages where the underlying asset is the kind of properties they like. 4. We have a passive investment fund. 5. We offer consultation services.

BUYER'S INFORMATION

3
Types of security we like:
SFR
Multifamily
Owner Occupied
Non-owner Occupied
Vacant
5 or more units
Maximum Units:
50
4
Minimum Investment per Transaction:
30,000
Buys pools / portfolios:
Yes
Has a minimum cash on cash return requirement:
Yes
Has a minimum loan to value requirement:
Yes
Percentage:
85
Has a minimum discount:
No
Has a minimum payor credit score:
No
1
Assets we buy:
Senior Lien (1st Lien)
Junior Liens (2nd Liens)
Non-performing
Seller Financing
Performing
Non-performing
Seller Financing
2
States we buy from:
National
5
Has a submission form for sellers:
No
6
Has a private investment fund:
No
Service notes for third parties:
No
Lends money:
No
Offer educational services:
Yes
Link:
ptenotes.com
Works with brokers:
Yes
Protects brokers for future sales to referrals:
We protect brokers for future sales to referrals
7
Purchasing Format:
112 Harvard Avenue, Suite 250, Claremont, CA 91711

Contact Persons

Founders
David Tedder & Larry Pearlman (+)
Business Hours
Open by appointment
Image

PTE, Inc

Services
Contact
Need help? Contact Us.

PTE, Inc.

112 Harvard Avenue, Suite 250

Claremont, CA 91711

Phone: 949-200-7109

Cron Job Starts

Joomla! Debug Console

Session

Profile Information

Memory Usage

Database Queries