Answer:
Due to the challenges
the bank’s are now facing, mortgage Notes are being made available to individual investors by large investment
groups. This has become a great opportunity for investors nationwide as discounted notes can be purchase one at a time instead
of batches of 1,000,000 notes at a time. Now is the time to buy Notes.
Eagle Eyes Asset
Management, Ltd is focused on this note business model and that focus teamed with many years of investment experience,
traditional mortgage banking, private money, real estate services, facilitating loss-mitigation short sales and other
duties as a Certified Foreclosure Specialist has created a safe, high yielding investment platform for the individual
note buyer.
Question:
How does it all work?
Answer:
Typical
note investments and strategies: (example scenario)
• You purchase a promissory note with an unpaid balance (amount owed) of 140K
• The property (SFR home) would have a current distressed (REO) value of $1OOK (30-day quick sale value)
• You can buy the note for 55K (55%LTV) or less ($55,000 or less)
• If the note is performing or re-performing you would most likely be receiving principle
and interest payments monthly of about $761.00 per month
·
That payment would create a yield
return for you of approximately 16.6% annually
·
The payments are collected for you
through a 3rd Party Servicing company (set up by REPS)
·
No escrow nor title insurance is
necessary in the note purchase, saving you closing costs.
·
Performing promissory notes purchased
by our investors are directly assigned to the investor. You become the current owner of the note and in a sense become the
bank.
·
Cash Investor’s name goes
directly on the Performing Note and all payments are paid directly to the investor via a servicing company
Eagle Eyes Asset Management, Ltd (EEAM) is your direct link to the large investment groups and
is involved in residential note transactions for performing (monthly cash flow), re-performing (monthly cash flow) and
non-performing (rapid high yielding ROI’s). Due to the deep discounts available we have found this investment platform
potential highly lucrative and a safe, high yielding investment platform.
