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Date Posted: 07:36:49 04/09/02 Tue
Author: bob patterson
Subject: real estate notes 10% APR+

I am interested in selling an approximate $1,000,000. package of 1st lien real estate notes. For 17 years I have been buying select properties that appeal to me either because of location, desirablilty, or unique character (i.e. hilltop, riverfront, etc) and financing these properties with 10% down. Most of the buyers have poor credit scores but their payment histories are excellent. I have foreclosed on very few properties, but always have put them back on at much more than the principal balance at foreclosure. Therefore, I am willing to exchange notes, provided that you buy a package, with any non performing or even slow pay note that you have bought from me. This should make any investor feel more comfortable. I would like to work with only one or two major investors long term. If you have any questions please call 512-321-3333. Thanks, Bob Patterson

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