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Paradise Home Properties, LLC.

REO bulk property acquisition unbundling bank owned properties and reselling to real estate investors who add value by rehabbing.

  • Stage Concept Only
  • Industry Other
  • Location Fort Myers Beach, FL, USA
  • Currency USD
  • Founded January 2011
  • Employees 0

Company Summary

Paradise Home Properties, LLC. (PHP) will purchase properties in bulk from banks at a 50% discount from current market prices in 3 specific counties in Florida (Lee, Collier, Charlotte) that are documented to have recovered from the real estate collapse. PHP will buy the properties in bulk "bundles" and then "unbundle" and resell to investors looking to purchase individual properties at 90% of the current market value.


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    Henry Posey
    Managing Director

    After attending University of Alabama, Mr. Posey started and operated his own successful
    emergency medical equipment company which was ultimately sold to a publicly traded corporation.
    He then joined a national home builder as a construction superintendent. In his position Mr. Posey was responsible for, planning for approval with local municipalities, and managing over $70,000,000 in assets. Currently, Mr. Posey owns Posey Builders.

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    Scott Paarlberg
    Managing Director

    Mr.Paarlberg established Fairway Mortgage, Inc. and is the current owner of this full service mortgage
    company licensed in six states with its headquarters in Illinois. Over twenty (20) years in the finance
    arena has provided extensive experience and knowledge in banking, underwriting, staff
    management, quality control, state and federal compliance with regulatory agencies, and financial
    evaluation of individuals and real estate deals.