Interested In A Better Return On Your Money?

We can certainly do much better than your typical CD or money market account. Usually the returns are several times the return you're probably getting.

Nope. We prefer one payment of all principal and accrued interest paid when the loan is paid (when we sell the property or refinance into long term financing). That way, there are no hassles and accounting is simpler. For me, it helps with cashflow. For you, it makes things less complicated. You make the loan and then, after we've fixed and sold the property, you get a big fat check with all accrued interest. We are however flexible with this.

We typically request the loan term to be 1 year which gives us a little bit of extra time. Most loans will be paid within 6-9 months however as that is usually all the time we need to fix and sell or refinance each property.

The short term of the loans we get should make the turn around pretty quick which should avoid this situation. If you feel might need the money sooner than the loan term, we prefer you didn't lend the money.

Stock prices drop all the time...and by considerable amounts. Home values don't typically decline in the same way and definitely not with the same speed. Homes will always have value as people will always need a place to live. We are buying, all in, for below 70% of market value. This pretty much assures the loan amount will be less that the home value, which protects the loan.

Hopefully this isn't something that we need to worry about (I'm in great health), but something we should cover just to be safe. You will have a secured loan. The loan is secured by the property. In the event something happens to me, my family and associates will likely be able to sell the property and pay the loan. In the event that doesn't happen, you can foreclose and sell the house yourself. You're covered.

No. One loan per property is all we allow. You will be in first position.

Typically, we need from between $60,000 to $180,000. The exact amount depends on the deal (what we buy it for and the amount needed to fix it up).

We do have a great relationship with a local lender to provide permanent financing on our properties we keep as rentals. However our initial purchase power only goes so far with our own cash. We are open to private money investments as it will allow us to be more competitive and do more at once. Also, we would prefer to make money for our friends and family as a private lender than a bank if the opportunity presents itself.

Yes. You will just need to move it to an administrator who will allow you to invest. We can help you with this.

Absolutely. I'd be happy to talk with them. We also have an attorney and title company we work with if you would like to speak to them

The documents you will receive are a Promissary Note, a Trust Deed (recorded with the county and sent to you afterward), an insurance binder showing you as mortgagee and a title insurance policy.

The best way is to fill in the form on the right and I (Igor Kalem - the owner) will personally contact you to get this going. This will help your information separate and not mixed in with our seller leads.