Call Choose a Dynamo Today!

(314) 503-0519

THE PAPERWORK

  • Our company buys the house with YOU as the mortgagor (bank).
  • A Note. I sign a loan document that says we owe you the money and sets up payment terms and interest rate.
  • A Deed of Trust. This document ties the loan to the house. No one can sell the house without paying your loan first. It is recorded with the county records and will appear on any title search.
  • Proof of Insurance. Insurance is required in any contract and your Deed of Trust.
  • Payoff Letter and Deed of Release. After the house has been rehabbed and resold we will calculate how much money you are owed. You will sign agreeing that is the correct amount of money to be paid to you (as lender) at the final closing.
  • Hopefully you are so happy with your investment that you ask me about doing it again and investing in our NEXT rehab!

Investors


​Though this may be new or unfamiliar to you, there is a REASON banks primarily do MORTGAGES and have all the money in the country.

MORTGAGES pay WELL and are fully secured by the house.

MORTGAGES are the only form of investment that are double secured! There is a Deed of Trust against the house AND there is insurance on the house.

Most banks charge 8-9 TIMES the average interest rate that they pay out on deposits.

If a CD is paying ½% banks will typically be getting 4.5 -5% on mortgage interest.

With an investment that consistently pays so well you can understand why banks want to monopolize the mortgage business and make it seem scary & mysterious to the average investor!

PRIVATE MORTGAGES

  • ** Pay 8-10 times the average investment!!
  • ** Pay CONSISTENT interest; it doesn’t change every month
  • ** Usually pay interest only. With no pay down of principal your interest is always accruing on the full principal.
  • ** Flexible. Can be set up to receive, monthly, quarterly or even one lump sum with all interest payments at the end
  • ** Short term. Like a CD, it will be paid back in full in less than a year.
  • ** 100% secured by a 1st Deed of Trust against the house.​
  • ** Not very liquid during investment period.