From: "Kevin"
Newsgroups: alt.invest.real-estate
Subject: Earn 15% returns on your cash by Investing in safe real estate 1st Mortgages.
Date: 12 Jan 2006 22:17:23 -0800
posting-account=g7ZbNQ0AAABfnsGX4IMViKR6PealgIJE
You can invest safely and earn above average passive income.
Minimum investment required: $75,000
Minimum investment term: (12) months
Minimum (6) months of interest payments paid to investor.(Even if the
property sells in less than 6 months.)
All investment capital is secured by the real estate via a 1st mortgage
and a prommisory note. (Held by you)
All investment capital is held by a title company.
Maximum loan-to-value ratio for your investment will never exceed 70%
of the value of the home's present value.
Sample loan:
Property valued at 100K.
Loan amount is only 70K.
The minimum (6) months of amortized interest at 15% is ($7500) paid to
you quarterly. (12) months = ($15,000)
The investment is secured by a 1st mortgage that you hold.
Once the property sells, you get all of your principle investment back,
plus 15% amortized interest.
For more details visit www.IWantPassiveIncome.com
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