
Call Today! (920) 562-0672
National Propery Solutions seeks Private Lenders and Joint Venture
Partners to help with the acquisition of select Non-Performing 1st Lien
Mortgage Promissory Notes, backed by the underlying property.
What we offer our partner is one of two ways to Joint Venture with us:
* As a Private Lender who will loan the funds to purchase the notes for a fixed percentage, plus points. or
* As a Joint Venture Partner who will fund the purchase of the notes and we acquire and manage the deal and split all profits 50/50
The
Private Lender will make an interest loan to cover all costs of
purchasing the note, pay the taxes, and get it boarded at our licensed
servicer. They will receive a monthly interest rate on their loan, and
when we get to the point of either selling the note after one year of
“seasoning” or getting title and selling the property, we will pay off
the loan, and give them the agreed to points.
The Joint Venture
Partner will provide all funds to acquire the note, pay any taxes or
fees, and get it boarded at our licensed loan servicer. Any cash flow
that comes from either working out a repayment plan with the borrower,
or from rents will be split 50/50. After one year we can revisit this
situation and continue for another year, or agree to sell either the
note or the property. The proceeds will be used to return the entire
funding amount, and what is left will be split 50/50.
For more
information on our Joint Venture Partner/ Private Lender program, please
fill out the form to the right, or call Jim at 920-562-0672..
We are experienced real estate investors in Green Bay, Wisconsin and specialize in off-market properties.