1st Lien NPN Case Study: 28.5% ROI In 243 Days

[Christopher Winkler]

Here is a Case Study #5 of a 1st lien note we picked up last year. Foreclosure was already started & we were lucky to know it was finished & occupant evicted by the time we got it.

This saved us a lot of time and money in a judicial state like Wisconsin.

There were so many things we learned, and the biggest is we now incorporate or consider the rehab of the property as an exit, as you will see, trying to sell a <$50,000.00 house As-Is makes us little to no profit & sometimes can be a loss.