Performing Mortgage Notes SALE

[Michael Bauman]

Each note we're selling costs $.80 on a dollar. 

They're all first position, PERFORMING notes in the sub-prime category and are being serviced by either FCI or a private company.
Both FCI and the other company are wiling and able to continue servicing.
It's all the benefits of owning a rental property without the headache and expense of tenants and property management.

AS OF MARCH 10, 2015 WE HAVE NOTES AS LOW AS $20,559.91 selling for $16,447.93*.

go to our website for additional information and fill out our form: www.northeastpropertiescorp.com

Contact Us today to get started!  Phone number 856-556-0078

[Jay Hinrichs]

@Michael Bauman

  not to be rude however I was sent the spread sheet of notes from some lady .. so maybe you are just posting and fronting for someone else.

the notes in question are low value notes ( red flag) down payments are 500 to 600 each.. (double red Flag) owner occ which require all the dodd frank RMLO stuff.

The reality is 500 dollar down deals in these areas have a default rate of far better than 50% these are glorified renters.

YOu can make the arugument that their payments are cheaper then rent but not when you include tax's insurance and upkeep etc.

these notes are worthless in my mind and anyone who buys one would be taking a huge risk of default and having to deal with them.

I mean really 25k sales price on a home in the US is a Ghetto dog  end of story on this one.