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Private
Lending
with PM Housing.
Dear Investor,
PM Housing, buys several houses in the Okaloosa, Santa
Rosa, Walton, and Bay counties of Florida each month.
When we pay cash for a house, we usually include private
lenders instead of using our own funds or bank loans.
Since we get a very high return on our own cash, we
can offer our private lenders a high yield when we use
their money to fund our new deals.
Maximum loan to value is 85%. That means we
will borrow up to $85,000 on a $100,000 property. The
money we borrow is secured by a 1st note and deed of
trust (mortgage). Our investor gets 9.00% interest.
Monthly payments include principal and interest, or
interest only, depending on your desires.
Interest only payments keep 100% of your principal
working for you. Most loans have a balloon payment due
in 1 to 7 years. The term is decided by you.
Sometimes we borrow offering a 2nd deed of trust. For
example, if there is a first mortgage for $50,000, then
we can offer our investor a second mortgage of (up to)
$35,000. In the case of a second position, we pay 11.00%.
All private lenders get:
A Promissory Note
A Deed of Trust recorded against the property
Added on to the hazard insurance as the mortgagee
A copy of any appraisals or market analysis reports
Lender’s title insurance
We pay all costs involved to close the transaction.
There is no cost to you as the investor.
Before you invest, we would first discuss how much
of your capital you are looking to commit and for how
long. We would then look for a deal that will meet your
criteria. Once I locate the right property, I call you,
give you all the details and then you decide whether
to participate or not. There's never any obligation
until after you approve the deal.
We never co-mingle or pool funds together. One investor...
one note and one deed of trust.
When you decide on a deal, you’ll send your funds
directly to the closing agent at a local title company
when we’re ready to close. We never accept your
funds directly.
For some investors, we can offer to sell existing notes
secured by real estate at a discount to yield 11-15%.
These types of deals are less common but opportunities
to buy discounted notes occur now and then. Discounted
notes would require further explanation regarding risks.
All the houses used as collateral will be located in
the Okaloosa, Santa Rosa, Walton and Bay counties.
Most of my private lenders currently include many of
my family members, seasoned business contacts, and previous
sellers I bought property from. Only recently have I
opened this to others visiting our website.
If you have funds in a retirement account (IRA), you
can use them to invest. The IRS requires the use of
an approved custodian to qualify for tax-deferred or
tax-free gains. I will be glad to discuss with you further
how we do this.
To learn more, or to be added to our private investor
list, please call or submit this form.
Your questions are always welcome.
HERE'S MORE INFORMATION...
Do you have bank CD’s, retirement accounts or
other investments not returning 9% to 11% safely?
How to get over 400% higher returns on your idle cash
or retirement funds
Dear Fellow Investor,
Many people, just like you are frustrated by low returns
on your investment dollars. In response to that problem,
we’ve created a solid program that can replace
some of the low returns that you’re now receiving,
and pay you a passive, predictable 9% to 11% interest
from real estate notes.
We are professional real estate investors, we are not
a financial planners, but full-time buyers of single
family investment properties throughout Okaloosa, Santa
Rosa, Walton, and Bay counties.
We would like to show you how you can invest your dollars
in well-secured, extremely safe, low loan-to-value notes
and deeds of trust. We offer my investors 9% on a first
lien and 11 % on a second lien. We borrow from you to
do our real estate deals and payments comely direct
from us. It’s a hands-free, hassle free opportunity
to enjoy very attractive returns. You get monthly income
or you can have your profits compound monthly for exponential
growth.
Let’s look at an example investing $10,000 for
36 months with compounded interest...
A bank CD paying 2% will grow to $10,618 in 36 months
for a gain of $618.
A real estate note paying 11% will grow to $13,889
after 36 months for a gain of $3,889!
That’s a 629% greater return.
Would you like to have some of your idle cash or retirement
funds working like that for you? Call me and I will
get you more info… or we can set up meet by phone
or in person. You can also submit this form.
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