We’re a small, family-owned business team based in a small community just north of the sprawling DFW metroplex in North Texas. We’ve been involved in the business of buying, selling, and managing private notes in some form since 1988, and our founder works full time in the real estate industry as an investor (not a real estate agent).
Our principles are directly involved in the evaluation and management of every single note request that we receive, and you’ll be interacting with key members of our team every step of the process we undertake together.
The bulk of our communications with clients are undertaken by phone and email these days, though we’re happy to schedule in office or in home meetings (with appropriate precautions in these days of COVID-19) for clients in the North Texas area.
We love to answer any and all questions about our business – here’s how to get in touch.
Our Purchase Guidelines
Dauntless Property Group Note Services focuses on the purchase of owner or seller-financed (seller carry-back) mortgage notes in all fifty states; the notes we buy are typically between $25,000 and $2,000,000 in value.
We’re often asked about our guidelines for note evaluation and purchase; here are a simple set of criteria we use. Note that these are guidelines and if your project doesn’t fit a category in this simple description, let’s talk about your needs specifically.
Security Types
- Residential: Single Family
- Residential: Multifamily
- Residential: Condominiums
- Other Multifamily, including Mobile Home Parks
- Commercial Properties (all types considered)
- Land: Improved
- Land: Unimproved
Note Types
- Seasoned or New
- Performing and/or Non-Performing
- First Liens
- Balloons
- Real Estate Mortgages
- Deeds of Trust
- Contracts for Deed
- Land Contracts
- Partial Interest (in most cases)
Typical Required Investment to Value Ratio
- Owner Occupied Single Family: 75-80%
- Non-Owner Occupied Single Family: 75%
- Commercial: 60-70%
- Improved Land: 65-70%