Private Lending with Omega HomeBuyers
Dear Fellow Investor,
Many people, just like you are frustrated by low returns on their investment dollars. In response to this problem, we have created a solid program that can replace some of the low returns that you are now receiving, and pay you a passive, predictable 10% to 12% interest from real estate notes.
When we pay cash for a house, we usually include private lenders instead of using our own funds or bank loans. Since we get a very high return on our own cash, we can offer our private lenders a high yield when we use their money to fund our new deals.
Maximum loan to value is 85%. That means we will borrow up to $85,000 on a $100,000 property. The money we borrow is secured by a 1st note and deed of trust (mortgage). Our investor gets 10% interest. Monthly payments include principal and interest, or interest only, depending on your desires.
Interest only payments keep 100% of your principal working for you. Most loans have a balloon payment due in 1 to 7 years. The term is decided by you.
Sometimes we borrow offering a 2nd deed of trust. For example, if there is a first mortgage for $50,000, then we can offer our investor a second mortgage of (up to) $35,000. In the case of a second position, we pay 12%.
All private lenders get:
- A Promissory Note
- A Deed of Trust recorded against the property
- Added on to the hazard insurance as the mortgagee
- A copy of any appraisals or market analysis reports
- Lender’s title insurance
Before you invest, we would first discuss how much of your capital you are looking to commit and for how long. We would then look for a deal that will meet your criteria. Once we locate the right property, we will call you, give you all the details and then you decide whether to participate or not. There’s never any obligation until after you approve the deal.
We never co-mingle or pool funds together. One investor… one note and one deed of trust.
When you decide on a deal, you’ll send your funds directly to the closing agent at a local title company when we’re ready to close. We never accept your funds directly.
For some investors, we can offer to sell existing notes secured by real estate at a discount to yield 12-15%. These types of deals are less common but opportunities to buy discounted notes occur now and then. Discounted notes would require further explanation regarding risks.
Most of our private lenders currently include many of our family members and friends, seasoned business contacts, and previous sellers we have bought properties from. Only recently have we opened this to others visiting our website.
If you have funds in a retirement account (IRA), you can use them to invest. The IRS requires the use of an approved custodian to qualify for tax-deferred or tax-free gains. We will be glad to discuss with you further how we do this.
To learn more, or to be added to our private investor list, please call or submit our Investor Information Form. Your questions are always welcome.
Would you like to make a 400% or higher return on your idle cash or retirement funds?
HERE’S MORE INFORMATION…
I’d like to show you how you can invest your dollars in well-secured, extremely safe, low loan-to-value notes and deeds of trust. We offer our investors 10% on a first lien and 12% on a second lien. We borrow from you to fund our real estate deals and payments come directly from us. It’s a hands-free, hassle free opportunity to enjoy very attractive returns. You get monthly income or you can have your profits compound monthly for exponential growth.
- Do you have bank CD’s, retirement accounts or other investments not returning 10% to 12% safely?
Let’s look at an example investing $10,000 for 36 months with compounded interest…
A bank CD paying 2% will grow to $10,618 in 36 months for a gain of $618.
A real estate note paying 11% will grow to $13,889 after 36 months for a gain of $3,889!
That’s a 629% greater return!
Would you like to have some of your idle cash or retirement funds working like that for you? Call us today at (615) 346-5340 and we’ll get you more info… or we can set up a meeting by phone or in person. You can also submit our Investor Information Form to get the ball rolling.
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