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Private Lenders ::: We Buy Houses from "Sell My House Fast" Situations Where Do We Get The Funds to Buy Houses? We are professional buyers of homes throughout the Portland-Vancouver Metro Area. My company can offer a homeowner a fast, all cash sale when the price meets our buying criteria. Then we borrow the funds needed for the deal from private lenders... always leaving with a safety cushion of equity. Our private lenders get a higher interest rate on a note from us, secured by a recorded Deed of Trust against our property,  In addition we have hazard insurance protection. We currently offer private lenders 9% to 11%.and they decide whether they want monthly income or have interest compound for a few years for compounding growth. The terms can range from 6 months to 10 years depending on the private lender's needs. How we operate... When we pay cash for a house, we usually include private lenders instead of using our own funds or loans from banks. Since we get a high return on our own cash, we can offer our private lenders a higher yield when we use their money to fund new deals. Maximum loan to value is 80%. That means we will borrow maximum $160,000 on a $200,000 property. The money we borrow is secured by a 1st note and deed of trust (mortgage). Our private lender gets 9.00% interest. Monthly payments include principal and interest, or interest only, depending on the needs. Interest only payments keep 100% of principal working. Most loans have a balloon payment due in 1 to 7 years. Whatever term that works best for the property and the private lender. Sometimes we borrow offering a 2nd deed of trust. For example, on a house worth $200,000, if there is a first mortgage for $100,000, then we can offer our private lender a second mortgage of (up to) $60,000. In the case of a second position, we pay 11.00%. Let me illustrate how they enjoy bigger profits using an example of $10,000 invested for 36 months with compounded interest. First, a bank CD paying 3% will grow to $10,940 in 36 months for a gain of $940. Next, a real estate note paying 11% will grow to $13,890 after 36 months for a gain of $3,890. Now that’s over 410% more money on the same amount invested!   What a difference! For every loan, the private lenders receive: 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 We pay all costs involved to close the transaction. We never pool funds or co-mingle together. One private lender... one note and one deed of trust. Funds in a retirement account (IRA), can be used to invest. The IRS requires the use of an approved 3rd party custodian to qualify for tax-deferred or tax-free gains. We are professional real estate investors since 1999. I am not a financial planner, but a full-time buyer of single family investment properties throughout the Multnomah, Clackamas, and Washington counties. e-mail: privatelender @@ houseoption.com Fax (503) 212-1110

Providing Home Solutions for Your PEACE OF MIND: Home Option Solutions, llc. 6107 SW Murray Blvd. #332 Beaverton, Oregon 97008 Call 503-502-9055 david_onsite @@ houseoption.com Visit our We Buy Houses/Sell House Very Fast form page Now to start on a solution. Sell my house fast in any condition, Ugly or Pretty, referral in Portland, Tigard, Lake Oswego, Hillsboro, Aloha, Vancouver, Oregon City, Estacada, Gresham, North Portland. King City, Tualatin, Milwaukie, Clackamas, Camas, Sherwood, West Linn, Wilsonwille. Washington, Multnomah, Clackamas, Marion Counties in Oregon, Clark County in Washington.