Interested In A Better Return On Your Money?

We can certainly do much better than your typical CD or money market account. Annual returns will be double digit interest and usually several times the return you're probably getting now.

Nope. We prefer to electronically transfer monthly interest payments directly to your bank account and upon sale of the property, the Title company will wire your principal loan amount directly to your account.

We typically request the loan term to be 1 year. Most loans will be paid within 6-9 months however as that is usually all the time we need to fix and sell each property.

The short term of the loans we get should make the turn around pretty quick which should avoid this situation. If you feel might need the money sooner than the loan term, we prefer you didn't lend the money.

Stock prices drop all the time...and by considerable amounts. Home values don't typically decline in the same way and definitely not with the same speed. Homes will always have value as people will always need a place to live. We do not borrow more than 70% of the after repair value (ARV) of the property. This pretty much assures the loan amount will be less that the home value, which protects the loan. To further protect you investment, you will be added as "additional insured" on our home insurance policy.

Hopefully this isn't something that we need to worry about (I'm in great health), but something we should cover just to be safe. You will have a secured loan. The loan is secured by the property. In the event something happens to me, my family and associates will likely be able to sell the property and pay the loan. In the event that doesn't happen, you can foreclose and sell the house yourself. You're covered.

These are typically 2nd position loans, with a larger 1st position loan in front. However, given we do not borrow more than 70% of the after repair value of the property, there should be plenty of equity for both the 1st and 2nd postion lender. However, we do pay higher interest rate to the 2nd position lender.

Typically, we need from between $150,000 to $300,000. The exact amount depends on the deal (what we buy it for and the amount needed to fix it up).

We don't fit banks mold. They want something that fits their cut and dry formulas. Houses needing repairs don't typically fit their lending criteria. They also take forever and we have to be quick when buying these houses. We are better off paying higher returns to have a simpler loan process and faster closings to keep us competitive.

Yes. You will just need to move it to an administrator who will allow you to invest. We can help you with this.

Absolutely. I'd be happy to talk with them.

The documents you will receive are a Real Estate Note, a Trust Deed (recorded with the county and sent to you afterward), an insurance binder showing you as mortgagee and a title insurance policy.