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| The Terramar Team ___________________________ (239) 498-6885 Al@AlBailleres.com |
| Al Baillères (“Bailler”) Consultant |
| "PRIVATE LENDING" |
| is fast becoming the Investor's First Choice as an alternative to the traditional way of wealth building. The purpose of this program is to provide you with a better and easier way to get higher returns on your money . . . an alternative that eliminates the market ups and downs that is normally associated with putting your money to work. |
| BECOME A PRIVATE LENDER |
| EARN AT LEAST 6% SECURELY. Would you like to profit from today’s real estate market? Are you sick of lousy 3% returns on your bank CD's? Are you tired of dealing with renters and tenants? Bank CD’s, Stocks, Money Market Accounts... ...THEY CAN’T EVEN COME CLOSE! GET THE RETURNS YOU DESERVE, TODAY! CALL US NOW!. (239) 498-6885 |
| HOW IT WORKS |
- As one of our qualified lenders, you will be notified of every investment opportunity that
comes into our company. - You will receive a full investment packet for any of the opportunities that interest you.
- Our packet contains the necessary information for you to make an informed "Pass" or "Play"
decision. - All of the paperwork is handled by a local Title and Escrow Company.
- You begin earning interest on your investment the moment the Title and Escrow Company
closes. - After a predetermined period of time, you will receive your initial investment back along with
all of your investment earnings. - There are never any fees or costs to you.
| Frequently Asked Questions |
Q. Why should I consider "Private Lending?"
A. There are several advantages for you to consider:
Q. What is "Private Lending?"
A. Our "Private Lending" program is simply a loan from an individual secured by real estate on pre-
negotiated terms. The Lender doesn't own the house but is rather the mortgagee, such as any
bank would be. We are looking for a Lender who wants to put their money to work outside the
traditional financial circles.
Q. How much will the house actually be worth?
A. We will typically fund at under 65% loan to value. If the house is worth $70,000, your loan would
be $45,500. Unless it involves an exceptionally strong borrower.
Q. How does it work?
A. Once you have decided you are interested in private lending, we will call you with a lending
opportunity. If you desire, we will take you on an inspection tour. Once you are satisfied with the
house, we will agree on the loan amount, term and interest rate. Our typical loan is for 5 years (60
payments) interest only at a rate of 8.9%. You write the check out to the Title Company. We never
touch your money. The Promissory note and Deed of Trust is prepared naming you as beneficiary.
The Deed of Trust is recorded at the County Clerk's office and the original document is sent to you.
Q. How many loans can I make?
A. That is entirely up to you. We have private lenders who decide to make only one loan. We also
have others who make in excess of $100,000 over several years. Since this is not a mortgage pool,
each loan stands on its own.
Q. Do you always provide an appraisal?
A. Normally not. Most of our lenders do not need one. But, if you require it, we will gladly provide it.
We realize you must be satisfied that your loan is backed by real value. Most lenders are
completely satisfied with the loan amount as it relates to value.
Q. What is the interest rate for the loan?
A. Depending on borrower motivation level, anywhere between 6% - 17%.
Q. Do I have to take advantage of each one you offer me?
A. Absolutely not! You must decide what fits with your money flow. If you Pass on one, we will call
you with one later.
Q. Why don't you use banks which offer lower interest rates?
A. In this business, what matters most is the availability of money, not just the interest rate. When
we get a house under contract to purchase, We've got to move fast. Usually in 5 days or less.
Banks are not accustomed to the speed at which we conduct our business.
Q. Can I use money in my IRA or Retirement Account to lend?
A. Yes, if your funds are in a self directed IRA. Your interest payments compound within your IRA
since taxes on the interest is deferred or eliminated.
Q. Who will sign the promissory note and deed of trust?
A. The borrower
Q. What happens if Borrower doesn't make his payments?
A. Simply foreclose on the property, which takes 60 to 90 days, and own the property. Since the
LTV typically does not exceed 65% of ARV, the property can be easily sold immediately to one of
our real estate-intensive investors; or sell it yourself for a profit.
A. There are several advantages for you to consider:
- High return on your money.
- The loan is fully secured with a Deed of Trust naming you as Beneficiary.
- The securing collateral is real estate.
- You get monthly interest payments which keeps your principal always working.
- The monthly payments will continue for the term of the loan, usually 5 years, even if you die
during the term of the loan. Your family will appreciate the income after you are gone. - You can get your money working . . . and keep it working since we have 3 to 4 houses that
need financing monthly. - No brokerage fees or hidden costs that lower your return.
- Each loan is on a specific house that you can inspect. This is not a mortgage pool.
- Your higher interest rate can compound inside your retirement account.
- You get higher returns associated with real estate without the liabilities of actually owning
property.
Q. What is "Private Lending?"
A. Our "Private Lending" program is simply a loan from an individual secured by real estate on pre-
negotiated terms. The Lender doesn't own the house but is rather the mortgagee, such as any
bank would be. We are looking for a Lender who wants to put their money to work outside the
traditional financial circles.
Q. How much will the house actually be worth?
A. We will typically fund at under 65% loan to value. If the house is worth $70,000, your loan would
be $45,500. Unless it involves an exceptionally strong borrower.
Q. How does it work?
A. Once you have decided you are interested in private lending, we will call you with a lending
opportunity. If you desire, we will take you on an inspection tour. Once you are satisfied with the
house, we will agree on the loan amount, term and interest rate. Our typical loan is for 5 years (60
payments) interest only at a rate of 8.9%. You write the check out to the Title Company. We never
touch your money. The Promissory note and Deed of Trust is prepared naming you as beneficiary.
The Deed of Trust is recorded at the County Clerk's office and the original document is sent to you.
Q. How many loans can I make?
A. That is entirely up to you. We have private lenders who decide to make only one loan. We also
have others who make in excess of $100,000 over several years. Since this is not a mortgage pool,
each loan stands on its own.
Q. Do you always provide an appraisal?
A. Normally not. Most of our lenders do not need one. But, if you require it, we will gladly provide it.
We realize you must be satisfied that your loan is backed by real value. Most lenders are
completely satisfied with the loan amount as it relates to value.
Q. What is the interest rate for the loan?
A. Depending on borrower motivation level, anywhere between 6% - 17%.
Q. Do I have to take advantage of each one you offer me?
A. Absolutely not! You must decide what fits with your money flow. If you Pass on one, we will call
you with one later.
Q. Why don't you use banks which offer lower interest rates?
A. In this business, what matters most is the availability of money, not just the interest rate. When
we get a house under contract to purchase, We've got to move fast. Usually in 5 days or less.
Banks are not accustomed to the speed at which we conduct our business.
Q. Can I use money in my IRA or Retirement Account to lend?
A. Yes, if your funds are in a self directed IRA. Your interest payments compound within your IRA
since taxes on the interest is deferred or eliminated.
Q. Who will sign the promissory note and deed of trust?
A. The borrower
Q. What happens if Borrower doesn't make his payments?
A. Simply foreclose on the property, which takes 60 to 90 days, and own the property. Since the
LTV typically does not exceed 65% of ARV, the property can be easily sold immediately to one of
our real estate-intensive investors; or sell it yourself for a profit.
| Al Baillères Consultant: |
| Tel: (239) 498-6885 |
WE BUY NOTES*! If you have a real estate note to sell we want to hear from you. Please e-mail us at Al@AlBailleres.com to request a submission worksheet for you to complete. Once received, we will review and respond quickly. *We buy first, second or third position performing or non-performing notes. |
WE SOLVE PROBLEMS! Our goal is to help people get into properties they want or to help people get out of properties they either don't want or can no longer keep. If you or someone you know are facing hardship related to a property, don't wait, call us NOW!. We can often STOP foreclosures in 72 hours! |