Performing Partial Note for Sale

[Bob Malecki]

Performing Note Partial Available

We are selling the next 84 months of payments on a first position residential note on a home in Machesney Park IL. The P&I Payment is $861.79 and taxes are being escrowed with our servicer, FCI Lender Services and the borrower has provided proof of homeowners insurance. What that means is you will be receiving the next 84 payments, own the note during the period you are owed payments via the execution of a receivables agreement, and have us for support. 

The selling price is $55,300 for the next 84 payments which equates to an annualized return of 8% and total income of $73,252 over the 84 month period. This is a re-performing note with the borrower making monthly payments on time for the past 12 months. The value of the home is approx. $115,000. 

This is an excellent investment for your self directed IRA for solid passive income!

If interested, contact me and I will send you further info on the property and the note. 

Thanks

Bob Malecki