Slide 1: How to Profit from Discounted Bank Notes
Slide 2: EXAMPLE: You buy a $150,000 1st Mortgage for $85,000 because the borrower isn’t paying. Exit Strategies:
1. Sell Note 2. Refinance 3. Reinstate 4. Payoff / Short Sale 5. Foreclosure
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Slide 3: Benefits of Note Buying
You can do this:
• • • • • Without fixing the house Without seeing the house Without speaking to homeowner (no deed needed!) With a SINGLE document By building a SINGLE relationship
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Slide 4: Oa
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CA ,
Cost: $23,500 Gross Profit: $96,500 Deal Time: 34 Days
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Slide 5: The Purchase
The Date
CA ,
Oa
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The Bank
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Slide 6: The Sale
The Price
ak O nd la CA ,
The Date
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Slide 7: S
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GA ,
Cost: $12,500 Gross Profit: $15,701 Deal time: 99 days
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