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If you
are interested in participating in a high yield investment you may wish to
consider owning a note backed by real estate.
Generally, for our
CASH NOW program we buy notes using our own
capital. But, in today's depressed market we have more note holders wishing
to sell than we can fund. We may be a seller of a note, in whole, but most,
generally, we don't sell our notes; but we seek a partner in the ownership of a note. And this
may be best
for you as an investor since we have "skin" in the game.
We only buy notes
that generate exceptional yields. Our target is to earn an interest
rate that exceeds several times the US Treasury 10 year bond.
 We assume all responsibility in the
management the note. We track each
account very closely; we collect the
receipts and we send you a check as soon as the funds clear. Periodically we send you an up-date of the status of the account; and
if
any action is needed we react quickly.
The latter is important. If we see some lagging in a payment it is not
in our combined best interest to spend time discussing a plan of action.
Time is important. Swift action is needed.
Although, we try hardily to protect our
downside and generally we do very well. Some time situations are
beyond our control. For example, we had a payor file for bankruptcy.
They tried to discharge our claim but by making the proper motions and
appearing before Judge Judith Fitzgerald of the US Bankruptcy Court for
Western District of Pennsylvania, pro se, we had our $69,000.00 claim
sustained.
 And
a few years ago, we noticed a drop in the value of some of the homes backing
our notes, much like we see today. Taking prompt action we sold a package
of notes for around $235,000.00 to Beneficial Finance. Our yield was around
15%, which was Beneficial’s purchase criteria. So we came out in good shape. We
earned 15% for several years then sold our position for the loan balance.
As with any investment you should
evaluate your options and seek professional advice. We can not make any
guarantees other than we treat everyone honestly and fairly. And our books
are always open at any time.
If you wish to be considered as a
partner give me a call at 724-514-6330 in Pennsylvania and in Florida at
239-464-7318 or email us at CashNow@WizBizSolutions.Com. |
