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Live Event - Spring 2011 Cleveland, OH Be The Bank. Buy Notes.

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Presentation on theme: "Live Event - Spring 2011 Cleveland, OH Be The Bank. Buy Notes."— Presentation transcript:

1 Live Event - Spring 2011 Cleveland, OH Be The Bank. Buy Notes.

2 Creative Exits 1318 21 st Ave –Customer Short Sale Tessman Circle – Creative Loan Modification Foley Blvd – Deed-in-Lieu of Foreclosure Traditions Court – Creative Loan Modifications Brooklyn Center Loan Modification Hud refinances …..

3 Purchase Price: $ 78,000 Home Value:$137,000 Loan Modification in 2009 Re default in 2010 - Fix up costs $2,700 Jr Lien payoff $5,500 Profit $42,800 Case Study #1 - Loan Modification / Redefault 1318 21 st Ave

4 Case Study #2 - Loan Modification Tessman Cir., Brooklyn Park, MN

5 Case Study #3 - Deed-In-Lieu Foley Blvd., Coon Rapids, MN

6 Case Study #4 - Loan Modification Knox Ave, Brooklyn Center, MN


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