The Power of the Power of Sale Clause
Thursday, March 10
We are finding out the hard way in a Contract for Deed we purchased in Alabama about the Power of the Power of Sale Clause. The Power of Sale clause is one of may clauses written into most mortgages which will allow the lender or owner of the mortgage the power to sell the property in the event o...
Non Performing 1st Lien Note For Sale - Inkster, MI $2,750.00
Wednesday, January 06
We have a 1st lien NPN in Inkster, Michigan for sale that we started foreclosure, and can schedule a sale date now any time. You can assume the foreclosure and obtain title. There is a renter in there that you can collect rents from or evict.Realtor puts value in the $20,000 range. Please PM or c...
Silverwood Capital Case Study: 15% ROI in 69 Days
Tuesday, November 10
This is Silverwood Capital Case Study of a vacant Contract For Deed we picked up in Centerpoint, Alabama, NE of Birmingham.Our Joint Venture Partner provided the capital for the acquisition, and we did all the sweat equity & heavy Lifting. Property was in good shape and we quickly sold it to ...
Non-Performing Note Exit Strategies Infographic
Thursday, October 15
We had this neat looking Infographic made of all the ways you can exit a Non-Performing Note note, no matter if its occupied or vacant. Hope you like it!Thanks to Scott Carson & WCN! If you have any questions on Non-Performing Notes, or exit strategies, either reply or PM me.Christopher Winkl...
JV Partner Wanted For 25 NonPerforming Note Pool
Saturday, September 12
Silverwood Capital, LLC is looking for a Joint Venture Parter(s) to help acquire a pool of 25 NonPerforming 1st Lien real estate notes. We can pick up this pool for 20 cents on the dollar. These low dollar, distressed assets are how we and other note investors make above average returns, though w...
NPN Case Study: Foreclosure 66% ROI in 4 Months
Wednesday, September 09
This is a case study we did on a Non-Performing Note in Columbus, OH that we joint ventured with a hard money lender. The overall deal made 22% in less than 4 months, though we made a 66% return on our investment. The lender charges a lot of fees to borrow the money like surveys and such, which w...