Q&A from the Webinar:
Q. How was help given, and how does 7e make money on this specific loan?
A. The borrower owed $50,000 on the mortgage that we paid $30,000 for. The borrower had a payment of approx. $450/month. We negotiated with the borrower to put $2,000 down and then continue to pay $450/mo. This is $5400/yr in payments (on now a $28k investment since we got the $2k) = 19% ROI.
Most Recent Webinars …
Assisting Borrowers–One Note At a Time, Two Case Studies
Q&A from the Webinar: Q. What is the minimum investment? A. The minimum investment is only $2,500. Q. Will you spend a little time on payment returns? Understand you are targeting 8% , do you see this going up or down? A. Per SEC guidelines, we must be cautious...