Mortgage Note For Sale Sarasota

Mortgage Note For Sale.

Hi, this is Scott Schmitz with Northstar Investment Group. I want to ask you a question.  How are you hedging your portfolio against any DROP in the stock market?   I know that it is at an all time high and nothing can happen, but if it did would you lose the gains that you have made over the past few years?  You may want to pull some chips off the table and consider adding some mortgage notes to your portfolio.

5212 Jericho Ave

This is a great example on how to hedge your bets.  This note is not for sale, but if you would like to add notes like this, please contact me and I will let you know how we structure there deals..

Our strategy is to put it into our portfolio and collect the payments.  We will keep this one till it pays off. The property is in a retirement community in FL.  The people that own it use it as their 2nd winter home.  I must say that the community is beautiful.  For a retired person they have everything that they want to do.  Five min from the golf course, there is a walking park near by.  Fitness club and tennis courts as well.

That is all well and good for the home owner but what about us??  Well we purchased this note that has a borrower with a 750 credit score that has money in the bank.  The property value is 2x the amount of the unpaid balance that we purchased.  The monthly payment is $376.15.  Think about that, if the economy takes a dive again.  These people only need to come up with $376 to keep their property.  That is less than a car payment.  I feel very safe with a deal like this.

This is a larger mobile home that has 219 payments remaining.  We will hold this note until they pay it off.  They may refinance but if they don’t, we will profit $39,121.34 if held to maturity.  Not a bad little deal for a mobile home with a solid borrower huh??

This deal turns out to yield us 8%.  If the borrower pays off early then that yield will go up.

If you’re an investor out there and you’re trying to figure out where to find deals, you need to call me today because we have deals for you. If you’re just looking to buy our note, give us a call but if you’re looking to partner on us with deals like this, that’s where you make the real money, give me a call. My number is area code 754-223-9970. You can also reach me via email, it’s scott@northstarinvestmentgroup.com.

We are not offering securities.  In order to work with Northstar you will need to pass an interview and background check.  We do this to protect you and us.  We are currently working on a Private Placement to make working with us simpler but at the moment we are only taking Accredited Active Partners.  Please contact us with any questions.

I hope you have a great week and I hope to hear from you soon.

Hope to hear from you soon!
Respectfully
Scott Schmitz
President
Northstar Investment Group.

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