Performing Michigan CFD Case Study - 18%+ ROI
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How difficult is it to find a performing note deal at an 18% cash-on-cash return? What about one that is under a $50K investment? And what if I don't have the money to finance it myself? Can I find a deal that is a slam-dunk, win-win scenario to help me raise private capital to get the ball rolling on my own note portfolio?
These are all valid questions that Scott Carson discusses on this case study breakdown on a performing contract for deed note in Jackson, Mi that can be picked up at under 50% of FMV and at 67% of the unpaid principal balance. Scott does a deep dive on what type of returns you can expect on this deal and why it's an awesome opportunity for one (or two) investors to get the ball rolling.
In this episode, Scott shares:
-How to evaluate the strength of a performing note deal.
-How to market the deal on social media to start raising private capital.
-How a contract for deed is different from a traditional mortgage.
-What value and returns does a balloon payment add to your deal?
-How to structure the deal for a private investor to fund the purchase.
-How important is having escrow set up for your borrower.
-What happens if the borrower stops paying or can't refinance in 5 years?
-What are the next steps for bidding and the due diligence process?
Watch the original VIDEO HERE!
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