Arrow Asset Management buys most types of real estate secured debt instruments. Some examples are:
- Mortgages
- Trust Deeds
- Contracts for Deed (aka Land Contracts or Agreements for Deed)
- Bonds for Mortgage (New York)
- Credit Sales (Louisiana)
- Security Deeds (Georgia)
Debt obligations must be secured by real estate.
Examples of Acceptable Real Estate Security:
Residential
- Single family homes
- Mobile homes with land
- Condominiums
- Town homes
- Multi-family
Land
- Lots (improved or unimproved)
- Farms/Ranches
- Raw acreage
- Commercial
Commercial
- Retail buildings
- Office buildings
- Light industrial
Examples of Unacceptable Security:
- Mobile homes without land
- Highly speculative land held for development
- Desert tracts