We have direct access to over 10 apartment building notes that are for sale in Los Angeles County. For more details, please contact me. These are in various stages of distress - from temporary loan mods to final stages of BK. Also, there are a variety of locations and sizes from 5 units to over 30 units. Buying a Note from a bank does not in any way guarantee you that you will own the property. But with the right strategy and flexibility in place, it can be a great investment. Let us know if you want to sit down and review buying commercial or non-performing notes to buy.
Also check out out sites in LA: bankownedcommercialpropertylosangeles.com & losangelesinvestmentrealestate.com for more deals.
