Erectile dysfunction is caused due to increased levels tadalafil 20mg from india of nitric oxide in the body. Therefore if you are haunting for the medication to make cheap viagra on line their night love-filled, enjoyable and relaxing. However, when a person is in under stress, cute-n-tiny.com discounts on viagra tired, pressured, or distracted, these eleven performance risk factors may hinder a person’s abilities, resulting to a satisfactory intercourse for both sides. This means you will not to wait for long to access the results* cialis prescription cheap It is sold online, and you can purchase easily even if you want to hide your identify* The product is stored well and is kept away from children, heat and sunlight.
Getting Started In The Note Buying Business
So you’re eager to get started in the note buying business and you’re wondering what kind of non-performing notes are out there to buy. Here is an example to feed your appetite.
Note Buying Opportunities
Note Rate: 11.13%
Balance on the non-performing note: actually $62,957 – with a $66,885 payoff
Estimated property value: approximately $112-114,000 (rough guess based on bank’s BPO and Zillow’s low range value – a cheap AVM to refer to) LTV (loan-to-value): 50%
Note Buying – Exit Strategy 1
So the way I look at this: I could buy a $63K non-performing note at a 50% LTV for $56K.
If I could get the borrowers defaulted mortgage refinanced – I could probably payoff my loan for the full $66,885 within 60 days.
Making almost $12,000 on $56,000 wouldn’t be bad in 2 months.
Your cash on cash return would be around 21% on your note buying investment, without even annualizing!
Note Buying Exit Strategy #2
You can also reinstate the loan by having the borrower’s pay the loan current. A foreclosure notice may help you here.
If they are able to bring their defaulted mortgage current, you would get the reinstatement amount of $4,000 and on top of that a recurring monthly payment of $574. That is a total of $11,000 in your pocket within the 1st year. A 19% return!
Assuming the borrower refinanced within 3 years, I’d amortize that return over 3 years and get a 14.6% return on my note buying investment.
And finally, I might even end up controlling the property, in which case I’d have a good amount of equity that I could tap into.
Many ways to profit from from you note buying investment…