We have been offered the following Notes for sale.
If you are interested contact Desi at 951.551.0087
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This is a short-term loan securied against a lot in Maine. The key strategy here is use the funds to pave the road and resell the lot.
Investment Amount: $35,000
Term: 12 months
Interest Rate: 14%
Payments: 1,225/quarter (interest-only)
Security: 1st Position Deed of Trust
Market value: $125,000
LTV is 28%