First Position "Hard Money " Mortgage Note For Sale 32% Return On Investment In 2 Years

Generate "Hands Free" Passive Income Monthly From Private Mortgage Investing

• Less fluctuation than stock market
• Compound several times a year
• Greater control over when and how much you invest
• Easier to understand than other investing vehicles
• More predictable than the stock market
• Real estate is a tangible asset, unlike paper investing

Borrower Pays You $186.00 Monthly For 2 Years, Then Pays You $14,000 Lump Sum Balloon Payment. You Can Choose To Reinstate The Loan For The Borrower For Another 2 Years If Needed

For More Information On Our Listings And $997 Of Free Training On How You Can "Become The Bank" And Generate Passive Monthly Income Please Submit Your Name And Email In The Form Below

Interest Only Payments/No Principal Reduction, Borrower Has Balloon Payment of $14,000 in 2 Years

This Note Produces $186 Monthly and $2,232 in Yearly Income, Based on the Purchase Price of $14,000

Zillow.com Value $62,408

Trulia.com Value $82,000

Terms of Note:

Property Location: Milwaukee, WI

Property Type: Single Family Dwelling

Vesting: Limited Liability Company with Personal Guarantee

Loan Amount: $14,000

Face Value: $14,000

Loan Type: Refinance

Length of Borrower Ownership of Property: 1 Month

Note Position: 1st

Interest Rate: 16%

Term/length: 24 Months

Loan to Value: 50% (Based on AVM Corelogic Real Estate Valuation Software)

Monthly Payment: $186 (Interest Only, No Principal Reduction)

Date of Origination: 3-15-13

Pre-Payment Penalty: No

Balloon Payment: Yes

Rent Assignments in Case of Borrower Default: Yes

Personal Gaurantee: Yes

Title Report: Yes

Title Insurance: Yes

Liens/Judgements Against Property: No

Back Property Taxes : No

NO RESERVE, OPENING BID $13,000

Transaction Example:

Note Purchase Price/Winning Bid: $13,000

Face Value: $14,000

Discount: $1,000

Borrower Owes Lender/Note Holder: $14,000

Borrower Pays Lender $4,464 Payments for 2years

Total Buyer/Note Holder Profit : $5,464

Return on Investment: 39%

This note for sale is a first position "Hard Money" Loan . The Mortgage Note is Based off of the property and is not credit or income driven. The loan to value is 50% based off an AVM software we use. The property is rented and cash flowing. We have rental assignments in place in case of borrower default. Borrower has owned property for 1 month. There are no liens, back taxes or judgements against the property or the borrower at the date of origination.

We have a third party mortgage note servicer in place that handles all collections and correspondence, this will allow for "passive" investing for the buyer/investor. We also have the borrower set up on automatic ACH withdrawls for monthly mortgage payments.

Benefits of Private Mortgage Investing:

-Passive Monthly Income

-No Tenant Issues

-Paid on Time Every Month

-Self Directed IRA Investment

-No Property Mangement

-Above Average Returns

Please note this loan has not been originated yet. We are pre-marketing this note prior to funding. Funding will occur on 3-15-13. Buyer will be bidding on the new note that is being created. First payment due date will 4-15-13.

For More Information On Our Listings And $997 Of Free Training On How You Can "Become The Bank" And Generate Passive Monthly Income Please Submit Your Name And Email In The Form Below

Please ask all questions prior to bidding. We have many other notes for sale, please contact us for more information.

Property/Collateral Information:

Property was recently remodeled. Recent updates include new windows, siding , doors, carpet, plumbing, electrical , bathrooms and paint.

Property Type: Single Family

Sqaure Footage: 1,000

Exterior: Vinyl

Bedrooms: 2

Bathrooms: 1

Hot Water Heaters: 1

Furnaces: 1

Plumbing: PVC

Electrical: 220 Updated

PM Note Store is not a state or federally chartered bank, does not accept deposits and is not insured against loss by any local, state or federal entity including the FDIC or any similar entity. PM Note Store identifies and funds funding opportunities for individual investors on wholly owned first trust deeds and mortgages secured against real property. UNDER NO CIRCUMSTANCES SHALL THE INFORMATION CONTAINED IN THIS LISTING CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY, NOR THERE WOULD ANY SALE OF THE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION. IT IS EXPRESSLY UNDERSTOOD THAT NOTHING IN THIS LISTING CONSTITUTES INVESTMENT ADVICE. IF YOU REQUIRE INVESTMENT ADVICE YOU SHOULD CONTACT A PROFESSIONAL ADVISER.

Seller reserves the right to end the auction at anytime