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This site is your introduction to becoming a Private Lender. Its several pages will explain real estate funding using your funds, as a private lender.
If you enjoy bank passbook and CD returns of 2% to 4% and will not listen to another way to get high returns of 12% to 15%, that
is safe, secured, and virtually guaranteed, then, this program may not be for you.
How the Program Works
1) We locate a property we want to buy
2) We use private lender funds for purchase and rehab
3) We have a formal closing through a title company
4) You (private lender) gets my note as evidence of the debt
5) You (private lender) get a mortgage as security for the debt
6) You (private lender) are listed as additional insured on the
fire/hazard insurance.
7) You collect premium, interest-only payments on invested funds
I'm concerned. How can you make these payments?
I equate high interest with high risk.
1) We market to tenant-buyers, who will put cash down to an option price thats at or above market. The rental amount starts at 1% of market value. A tenant-buyer is a tenant while renting, and
their goal is to become the buyer)
2) We collect lease/rental payments. We then pay interest-only payments to our private lender, until invested funds are returned.
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