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Earning high interest with little risk! Investing Your Money In REAL ESTATE
Earning high interest with little risk!
Investing Your Money In REAL ESTATE
My name is Madison Madrid, I buy houses using private money and sell them owner financed.
I got into the business through my father who has been doing this business over 15 yrs. He has been my teacher. I am currently working on growing my own business.
When using private money I give investors higher interest rates then they would be receiving from most Stocks, Bonds, Cds, savings accounts and or self directed IRA accounts.
About Me
Straight Lending- Earns 8-9%Purchase of a Mortgage- Earns 10-12%
Both situations the investor does not have to worry about managing the real estate. I will do ALL the managing.
Why will I do all the managing? My goal is to make the investment win-win for everyone. I want to keep my lenders happy earning high interest and their money safe at the same time.
Types of Investments
Investors with capital ranging from $10,000 on up
The typical deal ranges from $25,000 to $60,000
Amount Needed to Invest
Generally private individuals will earn from 8 to 9% consistently on their money.
On occasion they could earn from 10 to 12% The % is depending on the deal.
Annual Rate of Return
Buyer does not payUltimate Solution: Foreclosure
Solution: find another buyer and resale, sometimes for more if property has gone up in value.
After Foreclosure home needs repairs.Lender may have to put up additional money
for repairsSolution: repair and resell.
Risk Involved-Strictly Lending
Buyer does not payUltimate Solution: Foreclosure
Foreclosure solution: Find another buyer, resell possibly for more if value has increased.
After Foreclosure home needs repairs.Lender may have to put up additional money
for repairsSolution: repair and resell.
Risk Involved- Purchasing Morgatge
The houses bought have a large target market: Working class San Antonio.
Great amount of people in the working class have trouble getting loans mainly due to poor credit, therefore there are always people looking for our services of providing the opportunity to own a home without going through traditional lending services.
Documentation is drawn up by LawyersI always buy properties with clear title.Always obtain insurance on propertiesHouse is always bought at a deep discount
meaning there is substantial equity
Why it is LOW Risk.
Real Estate Lien NoteDeed of Trust
This gives lender the opportunity to Foreclose on borrower if there is ever the need.
Documents for the Investor
5830 Glacier SunPurchase Price $26,000Rehab cost $15,000Total Borrowed $41,000Lender receives 10% for 12o mo.Or until loan is paid in full before 120 mo.
Example Deal
249 SoutholmePurchase price $26,000Amount Borrowed $28,000Lender receives 10% interest onlyFull amount due in 4 yrs.Paid off lender in 1 yr.
Example Deal
Letter of Recomendations
Please feel free to visit my website.www.realtysolutions210.com
Email: [email protected]
Phone: 210-378-7720
Fax: 210-568-2850
Mail: P.O. Box 12251 San Antonio Tx 78212
Contact Me
