As an example, if an investor purchases a mortgage note that has an unpaid balance of $100,000 for $70,000. This hypothetical private mortgage note may have had an interest rate of 10% the borrower agreed to pay, but now since we purchased the note for only $70,000, and the borrower is contractually obligated to keep making the same payments. The yield on the mortgage note has increased.
If you would like to learn more about this, but don't have the time or experience to find and negotiate these sorts of mortgage note purchases, please contact me. I have notes ready for immediate purchase.
www.benjaminzmiller.com
www.twitter.com/BenjaminZMiller
If you would like to learn more about this, but don't have the time or experience to find and negotiate these sorts of mortgage note purchases, please contact me. I have notes ready for immediate purchase.
www.benjaminzmiller.com
www.twitter.com/BenjaminZMiller
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