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Updated almost 10 years ago on .
Discounted Performing Notes - $50,000 or less - All states
Hello, I am promoting a broker who has these great Performing Notes for sale. I receive a small finder's fee if you buy from him.
The great thing about these notes are that they are:
a. Generally less than $50,000 - so a huge capital outlay is not needed. Typical banks and lenders will not lend for less than $100K, as it is the same work for less profit. So private investors like you are needed to fund these notes.
b. You become the "bank" or the first position lienholder of the note.
c. The notes have LTV of 70% or less. The home buyer has equity in the house and will protect their equity!
d. The average annualllzed interest rate is 13% or more, after the discount is applied. If the home buyer pays of their small loan faster, the yield goes up! You win big.
e. The notes are discounted 15% or more by the seller.
f. Yields per $ is $12 and more.
All inquiries will get a response.
Audrey