IRA Investors, Are you looking for a 14.1% ROI?

[Don DeMarco]

This is a performing mortgage loan on a property located at Lincoln St. in Babson Park, FL. This mortgage loan was purchased as an non-performing loan and was granted a modification. Payments started in February 2015 and all payments have been on time (10 payments seasoned). Pick up this performing note and get a 14.1% cash on cash return. The UPB is 49,000, the FMV is estimated at 46,900. Purchased this asset for 34,000, 72% of FMV. Great Investment for your IRA to replace the 1%,2%,3% return that it is getting now and it's secured!