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Hey Note Closers! Scott Carson here with a truly unique opportunity: two performing contract-for-deed notes in Toledo, Ohio, with the same borrower! This double-deal offers exceptional potential for strong cash flow and double-digit returns. Don't miss this chance to boost your portfolio and passive income!
The Details:
This exciting investment features two properties, conveniently located near each other in Toledo: a four-bedroom, two-bath duplex, and a four-bedroom, one-bath single-family home. Both properties are performing exceptionally well, with the borrower maintaining a consistent history of on-time payments.
Here's a closer look at the key features:
High Equity: Both notes offer significant equity, with low loan-to-value (LTV) ratios. The unpaid principal balances are well below fair market value, creating substantial upside potential.
Strong Cash Flow: These are performing notes, providing immediate cash flow. The combined monthly payments from both notes provide a considerable stream of passive income.
Identical Borrower & Servicer: The same borrower and third-party servicer (FCI Exchange) are on both notes, simplifying due diligence and management.
Attractive Interest Rate: The interest rate is a high 11% on both notes, contributing to the strong cash flow.
Double-Deal Potential: Purchasing both notes simultaneously could boost your return. At 80% of the unpaid principal balance, you're looking at a potential 16% cash-on-cash return on the total investment.
Investment Strategy:
These notes are ideal for investors seeking passive income and high-equity positions. The consistent performance history and low LTV make them low-risk, high-reward investments. The possibility of purchasing both notes simultaneously makes this an exceptionally lucrative opportunity.
Next Steps:
Interested? Contact Scott Carson directly for the full details, including the non-disclosure agreement to access the full portfolio of notes, and to make an offer: scott@WeCloseNotes.com
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