Lenders
Are you ready to earn up to 16% or more on your
money?
BEAT THE STREET ! Stocks are at all time
highs, cash in your gains today and move your money into some strong
interest only deals and earn up to 16% or more on your money funding
rehab projects throughout Florida.
Dear Investor, If you have a savings account, money market account,
stocks, CDs, an IRA, or any other investment capital that is not safely
earning you at least up to 16% return, then you should
invest with us. We are experienced investors who buy
several houses each month. When we pay cash for a house, we use private
lenders instead of conventional bank loans.
YOUR MONEY IS SECURED BY REAL ESTATE! Since we get
a very high return on the cash invested, we can offer our private lenders
a high yield when using their money to fund our transactions. The amount
that will be borrowed is 70% ( up to 75% or 80% in rare occasions) of
the "after repaired" value of the property. That means, for example,
we would only borrow up to $70,000 on a property worth $100,000 when
fixed up.
In this example, the money borrowed is secured by a 1st note and deed
of trust (mortgage). Our investor gets up to 16% or
more interest and we would get the use of the money to buy, rehab, and
rent out the property. Monthly payments include principle and interest,
or interest only, depending on the your desires. Interest only payments
keep 100% of your principal working for you at all times. Most loans
have a balloon payment due in 6 months to 7 years. The term is decided
by the investor’s desires.
Sometimes we borrow offering a 2nd deed of trust (mortgage). For example,
on the same $100,000 house, if there is a first mortgage for $50,000
already on the property, then we can offer our investor a second mortgage
(up to 85% LTV) of $35,000. In the case of a second position loan, we
would also pay 16% or more.
All private lenders get:
* Promissory Note
* Deed of trust (mortgage) recorded against the property
* Added on to the hazard insurance as the mortgagee
* Copy of an appraisal or comparable sales report
* Lender’s title insurance
We pay all costs involved to close the transaction. There is
no cost to you, the investor.
To invest, we would first find out how much you are looking to put to
work and for how long. We would then look for a deal that will met your
criteria. Once located, I would call you, give you all the details,
and then you would decide to participate or not.
There's never any obligation until after you approve the deal. We never
co-mingle or pool funds together. One investor... one note and deed
of trust (mortgage).
When you decide on a deal, you’ll send your funds directly to the closing
agent at a local title or escrow company when we’re ready to close.
We'll never accept your funds directly.
A majority of our private lenders currently include many of our family
members, seasoned business contacts, and previous sellers that
we've purchased property from. Only recently have we opened this tremendous
opportunity to the public and people visiting our web site.
If you have funds in a retirement account like an IRA, you can use them
to invest in real estate. The majority of people do not know this. The
IRS requires the use of an approved custodian to qualify for tax deferred
or even tax free gains. I recommend Equity Trust Company (www.trustetc.com)
to create a self-directed real estate retirement account. I will be
glad to discuss this with you further. To learn more, or to be added
to our private investor list, please submit this form. Your questions
are always welcome.
