Note buying Opportunity. Extremely well secured by both the property and borrower.
Purchase Price: $95,000
Payment is: $800 per month, interest only which makes a yield of 10.70% on the investment.
Term: 10 year balloon
Collateral: SFR in the city of Riverside, Appraisal for $150,000
Borrower: 790 middle credit score, verifiable income via tax returns, lots of liquid assets etc.
From a collateral position the numbers are:
30% expense factor means net rents of $1015 over a payment of $800 is a 1.27 debt servicing ratio.
im interested in the note your selling i need some more information before making a decision so may i have your telephone number email me at tcsloan1985@gmail.com or you can answer the questions below whatever fits you
ReplyDeletetype of property?
payors credit?
property value?
Owner Occupied?
Sales Date?
Sales Price?
Down Payment?
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City?
Face Value of Note For Sale?
Note Balance?
Interest Rate?
Payment Amount?
payments made?
# of Payments Made?
When 1st Payment Made?
# of Payments Remaining?
Next Payment Due Date?
Loan to Value?
are payments current?
Balloon Payment Amount?
Balloon Payment Due Date?
Position of Note?
1st - Remaining Balance?
2nd - Remaining Balance?
Have you sold the note already? If not please call me David @ (214)243-8264
ReplyDeleteThanks.
Brian, I work with a group of investors out of OC and IE. Some want to become wholesalers/flippers, but I don't have the time to work with them. Have you considered mentoring new investors for a fee (or as apprenctices), like Ginger Macias does? Angella Raisian (310) 528-5789
ReplyDeletewww.BankRepoBusTours.com
It,s being a year plus since this ad , but if you are still holding this note or any other note right not I will love to work with you and help you sell the. I work with reputable buyers who will give you top cash on those note. My information is NOTE SELLERS SOLUTION, CASH4CASHFLOWS.COM/TADESOKAN and my e-mail is adesokan.titilayo95@gmail.com
ReplyDeleteThanks.
Very interesting!
ReplyDeleteI found this youtube podcast that you might want to pass on to some of your readers.
It's a good outline on the positives and negatives of investing in trust deeds.
The speaker is able to highlight many limitations of trust deed investing which I think will be helpful for investors looking to go into this type of investing with realistic expectations.
http://www.youtube.com/watch?v=aGp1t2ihz3U
I heard you've been collecting payments on a private loan or note.I would love to give you cash right now so you don't have to worry about collecting payments anymore.Please call me at 1888-590-9671 or visit my website at http;//www.thenotellc.com we pay all closing cost.
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