All Forum Posts by: Don DeMarco

Thanks Patrick

Any way around paying the very high property tax, school tax etc. in SC?  I purchased a Home in SC as a second home and the taxes are through the roof.  Any ideas how to lower this or use it as a owner occupied property?  I have another property in NC that I am keeping?

Jim, I did not purchase the note for 43,000, I purchased it for much lower and was able to get a DIL shortly after I purchased.  I rented the property for the last 2 years for 750 a month and now the tenant has moved out and instead of renting it again I have decided to sell to buy more notes.  I an confident it will sell but if it does not I will keep as a rental, it is a good cash flowing property.

This single family detached home is located at 258 Omega Ct. Pensacola FL 32506.

property needs minor repairs. Perfect for the Investor who wants to make a quick profit. Purchase for 27,000 estimated repairs of 5,000 and ARV is estimated at 45,000. Investor could purchase for cash flow, rentals could easily bring 600-700 per mo. with only some painting. Maybe you are a Homeowner that wants a inexpensive place to live where it could be fixed up over time and sold for a profit. New A/C put in last year. Attached garage. email Don for more info.

Everyone can also go to The Note Exchange to find performing and non-performing notes. I have bought from them in the past always with a good experience

Steve,

Yes, most of the information is on my web site for these notes.  Give me a call whenever you have time and we can talk.

Thanks

This is a non-performing Note For Sale at 117 S 9th Street E Carondelet IL 62240.  House is vacant and needs work. Target price is 14,000 and Accepting offers

This home needs minor cosmetic work, carpet & painting. perfect home for a new or seasoned Investor fix and flip or even a starter home for someone in the area, where can you buy a 3/1 home for 15,900? ARV is estimated at $29,095. For the buy and hold Investor property could rent out for $550.00 per mo.

1st mortgage note offered for sale at 400 E Juanita Wynnewood, OK 70398. The original note balance was $29,625 and the current loan balance is $32,965. HO has agreed to a DIL. Exit Strategy would be to get DIL from HO take over house and renovate and either sell for an ARV of 48,000 or rent for 550.00 per mo. House needs renovation estimated at $19,000. Accepting offers

This is a SFR located at 831 Lincoln St Babson Park, FL 33827. Property has 3 Bedrooms & 1 Bath. Seasoned 12 months of on time payments. Pick up this re-performing loan and get a 14.1% cash or cash return. Monthly payments are $400.00. Interest rate is 8.94. The UPB is $49,755 and the FMV is 46,900. Asking price $34,000