REMI KNOX Owner Financing & Mortgage Note Blog

Today's Mortgage Note News as of 2/2/2008 A.D.

Maria Fee — Fri, 01 Feb 2008 20:09:08 -0500

Hello, my name is Maria Fee and I am the principal investor/owner at Remi Knox mortgage brokering company. I would like to welcome you to my primary blog which specializes in mortgage note information, Owner Financing and of course the growing of your personal wealth portfolio in the real estate market. I would like to invite you to look around my web site as well as my two blogs in order to ascertain for yourself whether I may help you increase your wealth profile. I think you'll see in no time that I am passionate about creating wealth by way of mortgage notes! Feel free to call me at 1-281-346-0400 or toll-free at 1-866-871-5914.

Basically, working smart is paramount in wealth creation. Mortgage notes and owner financing can get you there! As a subprime lending markets continue reel from write-downs and delayed financial reporting, I would like you to know that there's never been a better time to invest in collateralized mortgage notes! Banks and owners alike will seek to sell their properties at a steep discount.... and you stand to profit!

Allow me to elaborate. Do you want to make more money selling your own home than a conventional real estate transaction can offer? Owner Financing can help you with that. That coupled with finding just one good buyer for your home while houses in your neighborhood sit vacant and foreclosures are on the rise.

Is it your wish to have better than average returns on your income producing real estate investments? Note Brokering can help you with that. You will need to work smart and my years in the business will help you do that.

If in fact you are interested in increasing your wealth in a very prudent manner, I ask that you give me the opportunity to convince you that the best way to do that is through mortgage notes. It would be my joy to serve you in this area.

Best in success,
Maria Fee
Trading Financial Futures TM

281-346-0400 BUS | EMAIL MariaFee@REMIKNOX.com
866-871-5914 BUS | WEB www.REMIKNOX.com

P.S. You might be interested in reading my other blog at: http://ownerfinancing.wordpress.com/

Search for any (Owner Financing/Real Estate Note) book at your local library!

Maria Fee — Mon, 12 Mar 2007 11:54:00 -0400

Owner Financing & Mortgage Note Glossary

Maria Fee — Fri, 17 Feb 2006 13:43:00 -0500

Abstract Also referred to as “Abstract of Title.” A collection and summary of the recorded documents relating to a ...

What are your guidelines for existing notes? What hits the hot buttons and gets your juices flowing? Are you looking for a certain amount of seasoning?

Maria Fee — Tue, 31 Jul 2007 12:58:57 -0400

We review information about the note itself (seasoning, down payment, terms and conditions, etc.) as well as information about the payor and the property to determine if it is a note of value and that we would like to purchase.

To send a note for quoting, visit www.REMIKNOX.com and click on Sell Your Note - Free Quote and select either the form for an Existing Note or for a Note to be Created.

Are the mailing lists you purchase and use to find leads in other areas than your own backyard? If not, why would I not start with my own county courthouse research to find note owners?

Maria Fee — Tue, 31 Jul 2007 12:57:27 -0400

Yes, we are a nationwide note buyer. It is good to start in your area, because you are familiar with it. You want to purchase something you understand and wouldn't mind if you ended up owning it. This is essentially why we deal with real estate notes. When purchasing we consider numerous factors such as seasoning, the down payment, the payor's credit score, and location. There are basically three areas important to be knowledgeable about: the note, the payor, and the property.

Audio files I recommend listening to are:

Note Brokering Made Easy: Part 3 of the REMI KNOX Know-How Series

Whether you are creating a note, helping a client create a note, or you are looking to invest and/or broker notes, creating a marketable note is very important! Discover how to avoid risks and what to look for in potential borrowers.

Note Brokering Made Easy: Part 4 of the REMI KNOX Know-How Series

Leads and where to get them: how to go to the county courthouse and find leads and how to get leads from banks. Tips for direct marketing and your marketing calendar.

Owner Financing Made Easy: Part 5 of the REMI KNOX Know-How Series

How to structure notes and stepped payments.

http://www.remiknox.com/remitools/teleseminaraudio.php

This link will not work if you are not logged in, or you can scroll down to TAKE ACTION NOW (left hand column) and click on “Teleseminar Audio Library.”

As a new Note Broker I need to know how I would be paid when submitting a note for consideration?

Maria Fee — Thu, 26 Jul 2007 18:24:53 -0400

When you broker a note to REMI KNOX, you may visit http://www.REMIKNOX.com and complete the Free Note Quote for either a New Note to be Created or for an Existing Note. We will then provide you a quote, as fast as possible provided we have all the accurate information.

Once you have our quote, you then deduct your commission and send to the note owner. Commissions are paid after the transaction closings and we do not disclose the note broker’s commission to the note owner. The note broker determines their commission.

When buying a defaulted mortgage note directly from the bank, are the paperwork requirements any different than when negotiating a short sale with the bank?

Maria Fee — Thu, 26 Jul 2007 10:37:08 -0400

The bank will dicate the paperwork. You buy everything the bank signed on for and everything stays in place. With a short sale, you put the whole package together and you buy the property not the financing.

May I keep and use the simultaneous worksheet for future deals?

Maria Fee — Tue, 24 Jul 2007 18:26:03 -0400

Yes, of course. The form is also online on our website at www.REMIKNOX.com under the tab "Free Note Quote."

When making offers to homeowners; should I go ahead and put the property under contract before contacting you all or should I contact you all first, then offer the homeowner three options/offers?

Maria Fee — Tue, 24 Jul 2007 18:25:36 -0400

If you would like for us to purchase the note, then it would probably be advantageous for you to contact us prior to doing so to help structure the note and let you know if it is a note we could purchase.

How do I structure a note on a future deal? What's a safe % to work with? I'm thinking it's really based on concern factors such as the homeowner's situation and the value of home.

Maria Fee — Tue, 24 Jul 2007 18:24:42 -0400

Yes, it depends on factors such as the down payment and credit score. A good interest rate is 9%.

If all you did was rely on New Century Financial's website, you would never know that they are now bankrupt having fired over 3000 employees!

Maria Fee — Thu, 05 Apr 2007 17:55:25 -0400

If all you did was rely on New Century Financial's website, you would never know that they are now bankrupt ...

THE FAIR CREDIT REPORTING ACT

Maria Fee — Mon, 12 Mar 2007 12:27:17 -0400
THE FAIR CREDIT REPORTING ACT
As a public service, the staff of the Federal Trade Commission (FTC) has prepared the ...

S&P/Case-Shiller® Dallas Home Price Index

Maria Fee — Fri, 02 Mar 2007 19:17:28 -0500
http://macromarkets.com/csi_housing/MSA/dallas.asp

Owner Financing Made Easy: Your Solution to Real Estate Success!

Maria Fee — Mon, 22 Jan 2007 20:44:11 -0500
Would you like to know a proven method to sell property quickly and for greater than fair market value? Would you like to have a competitive edge over all the other homes on the block? Would you like to have constant cash flow after you sell your property?

Owner financing is a lucrative, time-proven method that works in good and bad markets. The market has changed and your marketing must change too! Owner financing is a common strategy that works well in today’s market and is how the banks have gotten RICH…and so can YOU! Just learn the rules, regulations, and points that make your investment safe, low risk, and maximum value.

Benefits to owner financing:

·        Solve the two biggest problems a buyer has
·        Sell your property quickly in both good and bad markets
·        Keep a competitive edge regardless of increased foreclosures and new home construction
·        Attract more buyers
·        Avoid extensive price negotiations
·        Have a constant cash flow after you sell your property and create wealth

Owner financing is a huge advantage for acquiring properties and selling properties. When you sell your property using owner financing, you make a significant transition from being a property owner to a note owner/investor. This means you utilize two strategies: (1) a competitive advantage to sell your property profitability and quickly and, (2) cash flow after you sell your property. You become the bank! This strategy allows you to collect cash flow from the property you sold and continue to profit from the sale afterwards.

By owner financing you can generate more profits than if you just sold the property and collected the cash. Owner financing allows you to set the terms, including interest rate and payment terms. You are helping the buyer while generating steady cash flow; owner financing is creative deal structuring that is a win/win for all parties involved. Get rich with owner financing or get left behind! For more information feel free to call me at 1-866-871-5914 or email me at Info@REMIKNOX.com

A great teleconference with Todd Newman of Newman Asset Management

Maria Fee — Tue, 12 Dec 2006 14:02:00 -0500

Dear Reader/Note Buyer/Seller,

If you were unable to be with us for the interview with Todd Newman, the Managing Director of Newman Asset Management, LLC., you missed a great evening of education and questions-and-answers about how individuals can take personal control of their IRA assets. Todd was on hand to answer how you can maximize the value of your self-directed IRA as an investment strategy.

It stands to reason that if you may take individual control of your retirement accounts through self-directed investing, then investing in real estate notes will allow you to name the yield you can achieve on your real estate investments!

The countdown to close out the calendar year 2006 has begun. Perhaps you'd like to give serious consideration to letting Todd help you open your own self-directed IRA. Check out his web site at:

http://www.houstonrealestateira.com

Earn more money when you broker notes - click here!!

Once you realize that you can control the funds in your IRA and 401(k) accounts, then you begin to see potential investment opportunities in real assets such as real estate notes as well as other passive income streams.

If I may help you with any of the above, it would be my pleasure. I look forward to serving you in the near future!

REMI KNOX, LLC
Maria Fee
1-866-871-5914
Info@REMIKNOX.com
http://www.REMIKNOX.com

Upcoming teleconference with Todd Newman of Newman Asset Management

Maria Fee — Wed, 29 Nov 2006 07:35:15 -0500

Dear Note Buyer/Seller/Reader,

You are cordially invited to join us for a teleconference call tonight Wednesday, November 29 at 7 p.m. Eastern Standard Time (6pm CST / 5pm MST / 4 pm PST) with Todd Newman, the Managing Director of Newman Asset Management, LLC about how individuals can take personal control of their IRA assets to gain more passive income and retirement earnings by way of real estate notes.

If you'd like to take active control of your future investment earnings, please consider listening in on our free teleseminar explaining how you can maximize the value of your self-directed IRA as well as other investment strategies

It goes without saying that no one works harder for your money or cares more deeply about your financial future more than you do. Very simply, no one could possibly know better than you, your financial objectives and your event horizon for retirement. My web site has all the particulars for the call-in details at:

https://www.REMIKNOX.com/112906.html

Invest an hour of your valuable time as we hear Todd Newman, as a professional asset manager cover such salient topics as:

How to maximize the value of your retirement accounts through self-directed investing,
How to make more money investing in certain real estate investments,
How to name the yield you can achieve on your real estate investments,
Learn the investment vehicles that the wealthiest people in the world use – but you don’t have to be wealthy to have these tools,
Myths about investing that financial advisors won’t tell you about, and more!

Even though we have approximately 22 business days left in the calendar year of 2006, you still have time before the end of the year to maximize the value of your self-directed IRAs and learn how to invest using real estate notes! Let Todd Newman of Newman Asset Management, LLC help you evaluate potential investment opportunities in real estate and other passive income streams, which can lead to the use and inclusion of IRA and 401(k) programs.

Mark your calendar today and join us on Wednesday, November 29 at 7 p.m. EST. I look forward to serving you!

REMI KNOX, LLC
Maria Fee
1-866-871-5914
Info@REMIKNOX.com
http://www.REMIKNOX.com

Frequently asked questions of Todd Newman

Maria Fee — Mon, 27 Nov 2006 20:52:14 -0500

Frequently Asked Questions of Todd Newman

Is investing in real estate with an IRA a new concept?
No, in fact, there are more than 7 TRILLION dollars held in retirement accounts, however, only about 3% of retirement accounts are self-directed and only about 2% are invested in real estate. You have been able to invest in real estate since the day IRAs were created in the 1970s!

What is a Self-Directed IRA and how is it any different from a regular IRA?
A self-directed IRA is no different than any other IRA. Having a self-directed IRA simply means you are allowed to direct the investments of the IRA. Many custodians claim they allow you to self-direct your IRA investments, but then turn around and restrict what you can invest in. A truly self-directed IRA allows you to make the decisions without restriction.

What types of retirement accounts can be moved into Self-Directed accounts?
Traditional IRAs, Sep IRAs, Roth IRAs, 401(k)s, 403(b)s, Coverdell Education Savings (ESA) a.k.a. Educational IRAs,, Qualified Annuities, Pro fit Sharing Plans, Money Purchase Plans, Government Eligible Deferred Compensation Plans, Keoghs

Are you an IRA Custodian?
No, but everyone with a self directed IRA needs an administrator. Depending on your needs, we have a number of custodians that we can refer you to.

What is the difference between a self directed IRA and a self directed IRA LLC?
They are both self-directed accounts. The self directed IRA LLC is truly self-directed and you administer the account. You don't have to ask for permission to make purchases. You manage the checkbook and write checks on behalf of the IRA.

What are your fees?
$190 a year... Whether you have 1 million or a billion in your IRA.

What can I invest in if I have a IRA LLC?
Your IRA-LLC can make any investment a regular LLC can as long as you stay away from insurance contracts and collectibles. Also you may not have any “self dealings” without a DOL exemption.

Is investing in real estate in an IRA a new concept?
No. These investments have been allowed by the IRS for over 30 years.

Why haven’t I heard of this before?
Who would tell you? Your stock broker? They will only let you invest your IRA in investments their firm offers. At a bank you will be limited to CDs. At a brokerage firm you will be limited to stocks and bonds. As a consequence (and unfortunately for many investors) it has been a well kept secret that they have other options for their IRAs. The traditional investment community has had control of over 97% percent of retirement accounts, and they have been making a great living off your accounts. Why would they want to let you know about alternatives that they not be able to charge for?
As investors have become more disillusioned and frustrated with traditional investment choices, they have begun looking for alternatives. After the steep stock market decline, corporate scandals and corruption (e.g. Enron, ImClone, Worldcom), many investors are seeing their retirement accounts cut in half. They are finally ready to take control of their own investments. They often want more tangible investments such as real estate, deeds of trust, gas and oil.
When they ask their current advisors and brokers, they are typically told that such investments are illegal, too complicated or that it can’t be done. But those are ignorant and self-serving responses. Although the advisor’s custodians and brokers may not allow it, it can be done. It is just likely you can’t do it through your current custodian, so they will financially suffer if you move your money to someone who can. Rest assured, they aren’t going to tell you about it.

What are the downsides of investing with a self directed IRA?
The only downside is that some people don’t want to be in charge of their own retirement investments. They are happy having someone else make all the decisions. A self-directed IRA is not right for them. For the rest of us who want to be involved in our retirement investments and make decisions that will affect our retirement, there are no downsides. Just be aware of the prohibited transactions / restrictions (no self-dealing). We firmly believe that you are the best steward for your money. Nobody cares as much about your retirement as you do.

Why is there so little information available on Self-Directed IRA options?
The traditional investment community has control and is making money off over 97% of the retirement accounts. Letting you to know that you have other options to the stock and bond market risks losing the commissions and fees they charge on your retirement accounts.

How are custodians different from each other?
The government allows certain institutions to handle the accounting and reporting of IRAs. Under the law, all custodians can allow you to invest your IRA in the same types of investments (stocks, bonds, mutual funds, real estate, notes, tax liens, etc.). However, the majority of custodians have made the decision to restrict the types of investments you can make. This is not based upon law, but it is based upon what the custodian wants to offer. However, there are a handful of custodians who allow non-traditional investments. Please contact us for a special report on self-directed custodians.

Can I invest my IRA in real estate?
Absolutely. Currently less than 3% of retirement accounts are invested in non-traditional investments (anything other than Dow & Nasdaq stocks, bonds, CDs, etc), and less than 2% are invested in real estate, that is changing. More and more individuals are becoming more and more frustrated with the options offered by their current custodians. Individuals are exploring investments that they can see and touch and that have some tangible value such as real estate. They have seen the outstanding returns that investors have historically received in real estate and want to move all or part of their retirement money into various real estate investments. Within the broad category or real estate there are many options for investment: Residential Rentals, commercial properties, condominiums, manufactured homes, raw land, real estate in foreign countries, trust deeds / mortgages, and mortgage pools.

How do I know that this is legal?
This is a question that is frequently asked by investors who have never heard that they could invest in anything other than stocks and bonds in their retirement accounts. They have no idea that they can invest in real estate and many other investments. However, real estate has been an allowed investment since the day IRAs were created almost thirty years ago.

Find out for yourself by going to the Internal Revenue Service’s website (www.IRS.gov). Request Publication 590. On pages 40-41 you will see what investments are not allowed (collectibles, life insurance, s-corporation stock, etc.). Real estate is NOT mentioned as a disallowed investment just like stocks, bonds, mutual funds are not mentioned as a disallowed investment.

Can I transfer funds from a 401K, IRA, Sep IRA, Roth IRA, or 403b and direct investments myself?
Yes. You can self direct all of these types of accounts. They can all be invested into the IRA REAL ESTATE LLC for truly self-directed investing.

What does the IRS think of investing your IRA in real estate?
The IRS makes the following statement on their website “…..because of administrative burdens, many IRA trustees do not allow IRA owners to invest IRA funds in real estate. IRA law does not prohibit investing in real estate but trustees are not required to offer real estate as an option.”

Can my IRA purchase real estate I already own?
No. This would be considered a prohibited transaction (see IRC 4975). You many not purchase property which is currently owned by you or any other disqualified person (see below). You would need to find another piece of real estate that you don’t already own to purchase.

Why does my current broker say I can’t buy real estate in my IRA?
Likely because your current broker won’t let you invest in real estate through their custodian. Just because that isn’t something they offer doesn’t mean that you can’t do it; It just means that you can’t do it through them. It is a limitation that your broker is placing on your IRA NOT one that the IRS is placing on your IRA. Or your current broker may just be ignorant. Either way, you can invest in real estate.

What is the easiest way to buy real estate using my IRA?
The IRA REAL ESTATE LLC is the way to get checkbook control over your IRA. A self-directed IRA account isn’t enough. You will still need to get permission and have someone else sign off on all investments you want to make. If you are ready to be in control of your IRA, you need the IRA REAL ESTATE LLC.

Do I get complete control?
Having a self-directed IRA is one step toward obtaining complete control. To obtain a truly self-directed retirement account you need the IRA REAL ESTATE LLC. This is the structure that gives you checkbook control. When you simply establish an account with a self-directed custodian, you are still required to get permission from the custodian before making each investment. This is time consuming, cumbersome and more expensive than it needs to be. With the IRA REAL ESTATE LLC you are then able to make investments the minute you decide to without getting permission from anyone. You have the checkbook. You are in control of your retirement money. We firmly believe that you are the best steward for your money. Nobody cares as much about your retirement as you do.

If I buy an income producing rental property, what happens to the rental income? The income goes back into the IRA REAL ESTATE LLC, and you retain the tax deferred or tax free status of the investment.

I don’t have enough money in my IRA to purchase a piece of property outright. Can my IRA REAL ESTATE LLC get a loan and use my IRA money as the down payment?
Yes you can use your IRA money as the down payment and then have your IRA REAL ESTATE LLC get a loan for the balance. However, you will not be able to personally guarantee the loan. It must be a non-recourse type of loan, which means that if your IRA fails to make payments, the only recourse the lender has is against the property itself. Further, there will be tax ramifications to doing so; UDFI (unrelated debt financed income) tax applies when a loan is obtained so you would want to confer with your tax professional about what forms would be necessary.

My IRA is small. Can I personally co-invest with my IRA?
It is not a prohibited transaction for you to co-invest with your IRA. However, there are certain formalities that need to be adhered to, and there are some situations where it isn’t advised.

Can my IRA co-invest with friends?
Yes. IRAs may purchase an undivided (and proportionate) interest in real estate.

Can I be the property manager of the real estate?
That depends. With just a self-directed IRA the answer is no. But with the IRA REAL ESTATE LLC you have the ability to manage the property, collect the rent and pay the bills. Unlike just having a self-directed IRA which put restrictions on what you can do, the IRA REAL ESTATE LLC structure allows you to perform maintenance on the property, advertise for renters, collect and deposit the rent checks, pay the real estate bills, etc. This saves your IRA a lot of money and helps provide a more comfortable and prosperous retirement for you.

May I use my IRA funds to make improvements or renovations?
Yes. In fact, you must use IRA funds to make the improvements and pay all expenses associated with the property. All expenses of the property are paid with IRA funds, and all profits made on the property are returned to the IRA. This makes sense because it is an investment of the IRA

Can I buy vacation property?
Yes. Doing so would not constitute a prohibited transaction. However, you cannot vacation there.

Can I buy my dream retirement home with my IRA and then live in it when I reach the age of retirement?
Yes. Your IRA would be the original owner. You would use your IRA money to make the purchase and maintain the property. Any rents generated would be returned to the IRA. However, upon reaching retirement age, the property could be distributed out to you. Of course, you would have to pay taxes on the distribution.

What are the advantages to using an IRA REAL ESTATE LLC when investing my IRA in real estate?
You can only receive checkbook control with the IRA REAL ESTATE LLC. With a self-directed custodian, you get more control than you get with a traditional custodian, but you still have to get permission from the custodian for every little thing you do. This is problematic, unnecessary and annoying. Further, with a time sensitive investment it puts you at a huge disadvantage - and what real estate purchases aren’t time sensitive. If you don’t move quickly, you may miss out on a great opportunity. Think of tax liens and tax deeds sold on the courthouse steps; you need to have checkbook control since payments are due after the auction is completed. With the IRA REAL ESTATE LLC you have the checkbook, authority to write checks so you can make an investment without delay. This ensures that your IRA is able to make the best investments at the best prices.

Also with the IRA REAL ESTATE LLC your IRA will be subject to fewer and lower fees from the custodian than is typical with self-directed IRA that do not hold an LLC. Thus, there is more money for your retirement, which is the whole goal of an IRA. You obtain the ability to manage the property, collect the rent and pay the bills. Unlike just having a self-directed IRA which put restrictions on what you can do, the IRA REAL ESTATE LLC structure allows you to perform maintenance on the property, advertise for renters, collect and deposit the rent checks, pay the real estate bills, etc. This can save your IRA a lot of money and helps provide a more comfortable and prosperous retirement for you.

Can my IRA REAL ESTATE LLC get a mortgage on a piece of property?
Yes. The mortgage would need to be a non-recourse type of loan, meaning that if your IRA fails to make the payments, the only recourse the lending institution has is the property itself. Also, be aware that if your IRA obtains a loan, unrelated debt financing income tax will apply.

Can my IRA REAL ESTATE LLC make loans to other individuals who want to buy real estate?
Absolutely. This is done frequently and it is a great investment for your IRA because the loan can be secured by the property.

Can I make a loan to my brother so that he can use the money as a down payment on a home?
Yes. According to IRC 4975, siblings are not included in the definition of disqualified persons. Thus, a loan to your brother would not be a prohibited transaction. Although some suggest that it was an error on the part of the IRS to omit siblings from the definition, they, nonetheless, were omitted and to the best of our knowledge, there has never been an IRS ruling to the contrary.

Can my IRA REAL ESTATE LLC make loans to a friend?
Absolutely. Friends are not disqualified persons under the Code, and therefore, your IRA can make a loan to them for any purpose whatsoever (boat, airplane, hot tub, home improvements, etc.). Of course, you want to make sure that there are proper formalities and reasonable terms to the loan.

Can my IRA REAL ESTATE LLC make loans to a real estate developer?
Yes. Your IRA can loan money to a real estate developer to finance the purchase of property or the development of property. Developers often look for private financing so it is a great way to get your IRA involved in real estate development. And because developers often pay an above market interest rate, the loan can be a great investment for your IRA.

Can my IRA REAL ESTATE LLC make loans to businesses or companies?
Sure. Your IRA can make a loan to any type of business. However, be aware that there are some restrictions on loan money to any business that you or any other disqualified person has an ownership interest in.

Do taxes and penalties apply when I take money out to buy real estate?
No. You DO NOT take money out to purchase real estate or anything else you want to buy. It is just a purchase of your IRA or your IRA REAL ESTATE LLC. There are no taxes or penalties. Instead of buying 1000 shares of Microsoft or any other typical stock, your IRA is just making a different type of investment. The method of doing so is different but the tax ramifications are the same.

Are the gains that my IRA REAL ESTATE LLC makes taxable?
Not in most cases. If an IRA buys a piece of property and then sells it at a profit, the gains stay within the IRA. If you have a traditional IRA, the gains are tax-deferred. If you have a Roth IRA, the gains are tax free. Note, you alter that result if you use leverage.

Are there any special taxes that apply when I use debt financing to purchase real estate?
Unrelated business taxable income (UBIT) would apply. Due to non-profit organizations encroachment on the business opportunities normally engaged in by taxable businesses, the IRS code was altered to include the provision in 1950.

Essentially, if a tax exempt entity (e.g., non-profit) engages in a business that is unrelated to its primary purpose, any income derived from such business will be subject to UBIT. IRAs are also subject to UBIT if they conduct unrelated businesses that produce profits.

For example, if an IRA forms an LLC to buy and operate a dry cleaner or gas station, businesses obviously unrelated to the primary purpose of an IRA, the net income will be taxed as UBIT (at the trust tax rate because an IRA is considered a trust under the tax code in this purpose). The change in the code was intended to level the playing field between tax exempt organizations and for-profit organizations conducting the same businesses.

Does it still make sense to leverage real estate?
Absolutely. Because of your increased buying power when you use leverage, the profits you make from the ability to use leverage can greatly outweigh the tax associated.

Can I invest outside of my state or outside the country?
Yes! Your IRA can invest outside of the U.S. There are many great investment opportunities in other countries.

What are Prohibited Transactions?
Understanding what constitutes a prohibited transaction is very important when it comes to making investments within your IRA. The IRS defines a prohibited transaction as follows:
“Generally a prohibited transaction is any improper use of your IRA account or annuity by you, your beneficiary or any disqualified person. Disqualified persons include your fiduciary and members of your family (spouse, ancestor, linear descendant, and any spouse of linear descendant).” IRS Publication 590, IRC 4975 is the section that lays out the rules on prohibited transactions. Prohibited transactions generally involve one of the following:

(1) doing business with a disqualified person
(2) benefiting someone other than the IRA
(3) loaning money to a disqualified person
(4) investing in a prohibited investment.

In plain English, prohibited transactions are those transactions that violate the basic intent of the IRA. Your IRA must benefit rather than benefiting you personally. In other words, there can be no “self dealing” transactions. However, there are many ways in which you can invest your IRA and not be in violation of the prohibited transaction law. When your IRA benefits, you benefit because it is for your retirement.

What are Prohibited Investments?
The Internal Revenue Code does not specifically authorize investments within an IRA; rather, the code outlines what types of investments are not allowed. The prohibited investments include: artwork, rugs, antiques, metals, gems, stamps, coins, beverages, stock in a s-corporation, and certain other tangible personal property.

Who is a disqualified person?
The IRA holder and his or her spouse, the IRA holders ancestors, lineal descendants and their spouses; investment advisors and managers, any corporation, partnership, trust or estate in which the IRA holder has a 50% or greater interest; and anyone providing services to the IRA such as a trustee or custodian.

How am I a disqualified person?
It doesn’t seem to make sense. There is a clear distinction between your IRA and you individually. You and your IRA are not the same. Your IRA is a separate trust for your benefit when you retire.

What would be classified as Self Dealing?
Self dealing is using your IRA in transactions that in some way benefit you (or other disqualified persons) individually. The purpose of your IRA is to provide for your retirement. It is not intended to benefit you prior to retirement and distribution of the funds.

What are some types and examples of prohibited transactions and / or self-dealing transactions?
ou can't purchase a home from your daughter or purchase a property from yourself that you already own. You can only invest in new properties and purchase properties from an individual who is not considered a disqualified person. A disqualified person is a person who is a direct descendant.

You purchase a vacation home, hunting property or a golf course as an investment for your IRA but you yourself cannot personally use it. All the purchases made by the IRA LLC MUST be for investment purposes only.
You cannot perform maintenance on a property that your IRA owns and pay yourself for work that you do on the property such as repairing a leaking faucet.

Can I buy a business with my IRA REAL ESTATE LLC?
Yes, you can buy a business with your IRA money via the IRA REAL ESTATE LLC. Please contact us for details...

Can I invest in an existing business?
Yes. This can be done as the purchase of stock as a loan to the business.

What about S-Corporations, can I form an IRA S-Corp?
S-Corporations do not allow IRAs as investors; they only allow individuals as investors. Therefore, it isn’t so much that IRAs are prohibited from investing in S-Corporations rather that S-Corporations don’t permit having an IRA as a shareholder. It is likely that the investment of the IRA would revoke the sub-s status of the corporation.

Can I buy Stocks, CDs, Bonds, Options, in my CHECKBOOK IRA LLC?
Yes. There is no sense in letting your retirement funds sit on the sidelines while you are looking for real estate investments. You can invest in publicly traded stocks, CDs, mutual funds, annuities, bonds, stock options, futures, etc. If you are an active day trader, with checkbook control you will be able to trade your IRA in a manner that your current broker does not allow you to trade using the IRA REAL ESTATE LLC. For example, you probably have asked your broker if you can buy or sell Options (Calls and Puts). Or maybe you would like to write covered calls or do spreads and have been told no. The IRA REAL ESTATE LLC allows you to trade your way.

I have a 401K with an old employer. Can I move it into the IRA REAL ESTATE LLC?
Yes. You can move these 401K funds into the IRA REAL ESTATE LLC. We do it all the time. We can facilitate the rollover so that you can unlock those funds for your next real estate purchase.

Is the transfer a taxable event?
No... A direct rollover is not a taxable event.

I have a 401K with my current employer. Can I move it into the IRA REAL ESTATE LLC?
Depends on the 401K plan document for your current employer. It will specify what you can do but most of the time you cannot move money from a 401K plan if you are currently working for the company. However, in some cases you might be able to unlock a portion of your 401K funds and self direct those funds for real estate investing purposes. It is worth looking into for sure. Contact your company retirement plan representative to obtain the plan document.

I have several IRAs and old 401Ks. Can I combine them?
Yes. They can all be combined and then invested into your IRA REAL ESTATE LLC so that your buying power is maximized. The only restriction is on 401(k) accounts; you generally must no longer work for the employer. You can usually combine multiple retirement accounts into one account. Or in the event that they can’t be combined, such as the case of a traditional IRA and a Roth IRA, they can still be invested into the same IRA REAL ESTATE LLC so that you still have maximum buying power.

Do you offer checkbook control to investors?
Yes

Do you allow investments in LLCs and LPs?
Yes

Can I invest in an LLC I manage?
Yes

If I don't want to be the manager of my IRA's LLC, can I authorize access to another person (my accountant, say?)
Yes

Can I partner with my IRA, and if so, what are your rules?
Yes. We will need to create a separate LLC for the partnership.

Can my IRA partner with another unrelated individual on investment properties?
Absolutely.

Can my IRA pay for pre-construction reservations I intend to assign or simultaneously close on?
Yes.

Can my IRA invest in secured and unsecured notes?
Yes

Do you have the flexibility to consider unique transactions?
Yes

Can I manage rental properties owned by my IRA, and if so, is there a limit to how many?
Yes, and there is no limit.

Must I hire a bookkeeper for rental properties owned by my IRA?
No.

Are you bonded for theft and fraud?
The asset is held by the LLC not by us.

Are funds that are not invested but remain in my IRA insured?
Typically yes. Since the client has checkbook control, the funds are in an FDIC insured bank account.

Do you have any litigation ongoing or pending?
No

Do you have an audited annual report available?
No

Do you permit debt-financed properties?
Yes

Do you permit foreign real estate?
Yes

What is your review process of limited partnerships?
We draft the LPs with tax attorneys. Typically the custodians have no say in the content and cannot make a judgment upon any instrument such as this.

What are your most common problems in real estate transactions?
People use funds incorrectly and/or title the property incorrectly.

Do you offer any advice on investment vehicles or individual investments?
Yes. We can, but custodians cannot offer advice!!!

Are you independent of products recommended?
Yes.

Do you have a complaint procedure?
Yes.

Do you have any testimonials?
Yes.

What sets your company apart from the rest (you can elaborate here if you wish)?
We offer support beyond the custodian. You’ll find the answers from the custodians you have contacted will be considerably different than those we provided for you. The custodian is a product to us. We’ll find the best IRA strategy to meet your needs. We can also structure the deal so you and the IRA holders are shielded from the IRS. We offer the four following benefits:

- Checkbook control
- You make your investment decisions without custodial intervention
- Litigation protection of the IRA (not provided by custodians)
- Lowest possible custodial costs

Would you be willing to send a representative to conduct a real estate IRA workshop for signing up members of a group to your company?
Yes

http://www.houstonrealestateira.com/faq.html

Frequency Asked Questions of Maria Fee

Maria Fee — Sat, 25 Nov 2006 07:25:00 -0500
Frequently Asked Questions of Maria Fee

What is a Note?
A written document that states a promise to pay, and the terms which include the amount, interest rate, and length of time in which to fulfill this promise.

What if I Want Cash Now Instead of Waiting 10, 20, or 30 Years to Get Paid Back?
That's where we come in. We work with investors who are interested in purchasing your note (or your client's note) from you so you can have the money you need. This way, you don't have to worry about late payments or non-payment any longer!

Who Invests in Notes?
Actually, there are thousands of individuals across the country who invest in notes. However, they are small time compared to the banks and pension fund managers -- they are the biggest investors in promissory notes because they are considered to be fairly safe investments. Additionally, investors will know their yield before they even buy the note -- you can't get that from investing in the stock market!

How Can I Determine the Value of My Note?
Complete our free note appraisal just click here or you may call us at 1-866-871-5914 . Just provide the information requested on the form and a representative will contact you within 24 hours.

How Soon Will I Get My Money?
Once an offer is accepted and all documents are received, you can expect your cash in approximately 2 to 3 weeks. We will work hard and efficiently to get your cash to you quicker.

How Much Money Can I Get?
Each real estate note is unique. It’s like asking how much do you want for your car. We would need to ask questions about the car itself, such as how many years old is the car, the value today, the payment history and remaining payments, etc. However, REMI KNOX will work with you to find the best option that will meet your needs — not the needs of our investors.

Can I Get a Free, No-Hassle Quote?
We are here to serve you. We understand that many people prefer using email initially and the phone later on during later conversations. Feel free to complete the confidential, free note appraisal form. If you don’t want us to contact you via phone, just let us know. We want for you to be comfortable with doing business with us.

How Do I Get Started?
You will need some basic information about your note. The more information you provide the more accurate our quote will be. Or, you can send us a copy of the note and the deed via fax machine and we will call you to discuss your options. Our contact information is found on the Contact Us page.

What Types of Property Does REMI KNOX Purchase?
We purchase all types of notes: single family homes, condos, duplex, multi family apartments, land, and commercial mortgage notes.

How Much is This Going to Cost Me?
Some companies charge for computing an analysis of what your note is worth. We have never charged for this service so there is no charge to list your note (or your client's note). We want you to be confident and stress-free in this transaction. We also promise no annoying phone calls by pushy sales person as well. Please click here and fill in the requested information. We will have investors lined up for your note (or your client's note) within just a few days.

http://www.remiknox.com/faq.html

Useful web sites as of 10/30/2007 A.D.

Maria Fee — Mon, 30 Oct 2006 20:09:00 -0500
Various useful web sites on real estate, owner financing and mortgage notes as of 3/2/07 A.D. A http://www.aaspo.org - the American Association of Small Property Owners helps you find representation & your voice in Washington.

Mortgage Rates Are ....as of 10/30/07

Maria Fee — Mon, 30 Oct 2006 19:55:00 -0500

Weekly national mortgage survey

Results of Bankrate.com's Oct. 24, 2007, weekly national survey of large lenders and the effect on monthly payments for a $165,000 loan:

30-year fixed 15-year fixed 5-year ARM

This week's rate: 6.31% 6.00% 6.12%

Change from last week: -0.18
-0.17
-0.14

Monthly payment: $1,022.38 $1,392.36 $1,002.02

Change from last week: -$19.45 -$15.20 -$14.99

Are you financially secure?

Maria Fee — Fri, 01 Sep 2006 11:18:30 -0400
If you sell your property at ONLY fair market value YOU are leaving AT LEAST $12,000 on the table!

Whether you are interested in owner financing, investing safely in real estate notes with 10%, 15%, and 20% returns, or just want to discover incredible information about the real estate market, the REMI KNOX teleseminar series is ABSOLUTELY FOR Y-O-U!

Are you tired and running out of time before retirement and still not getting financially secure?

Discover a proven method that will enable you to sell your property quickly and for the highest value possible using real estate notes. Real estate notes are a lucrative real estate investment and are low risk, secure and insured against loss.

Here is why you must join us on Tuesday, September 12, at 7 p.m. EST. Part II will focus strictly on negotiation with buyers and borrowers when you owner finance. Learn the do’s and don’ts of negotiation strategy to create a win/win deal!

A sample of what you will discover on Part III and IV is:

Part III: Contracts, risks, and clauses --- don't miss out! Join us for a special guest appearance on the call to discuss how a safely structured note will reduce your risk and secure your investment returns.

Part IV: Pricing and establishing value, and how to convey value in negotiations. Don’t lose your shirt when investing! Know with confidence that your money is wisely invested.

You MUST join us if you want to invest in your successful financial future and start focusing on your dreams! Take action and visit http://www.remiknox.com/ss.html today!

Maria Fee is a mortgage professional, real estate investor, and teacher with more than 20 years of business experience. Maria is the President of REMI KNOX, LLC, a group of investors who purchase and sell real estate notes nationwide. Quoted by the media as an expert, she is continuously recognized for her extraordinary knowledge and real estate investing experience.

You too can discover hidden secrets to success with real estate notes. To take control of your financial future with proven strategies visit Maria's website at http://www.REMIKNOX.com. Happy investing!

Owner Financing Made Easy!

Maria Fee — Mon, 21 Aug 2006 13:16:53 -0400
Discover the complete process, step-by-step to owner financing with Maria Fee's exclusive new e-book, Owner Financing Made Easy!

For the first time ever, industry-recognized leader Maria Fee shares with you her complete, step-by-step nationwide system to catapult your ability to sell your properties fast and for the best value possible through owner financing.

Maria's exclusive e-book provides you with the strategic process to creating and maintaining a valuable real estate note when you owner finance. Owner Financing Made Easy focuses on owner financing through our proven system that works each and every time in all states.

You must own your copy of Owner Financing Made Easy TODAY because the market is definitely changing, more homes are available on the market than ever before, and interest rates are climbing!

AND, if you want your life back and you want to get rid of the headaches, hassles and property sale negotiations, visit http://www.remiknox.com/remiebook.html.

Owner Financing Made Easy will feature everything you need to know including how to:
- Solve the two most important issues that your buyer has
- Increase profit and cash flow... safely and securely
- Sell your property in record time and attract many more buyers to your home than your neighbors
- Reduce negotiations, headaches, and hassles
- Understand through our step-by-step approach how real estate notes are created, valued, and calculated

If you order Owner Financing Made Easy NOW, you are entitled to our limited time, EXTRAORDINARY BONUS OFFER - special proprietary software valued at $197. Visit http://www.remiknox.com/remiebook.html for this incredible opportunity!

ATTENTION: More unbelievable exclusive offers!

We have a four-part teleseminar series valued at $1997 and for the FIRST 10 to invest... Maria is willing to provide you with her four-part teleseminar series for ONLY______!

To discover this special offer, visit http://www.remiknox.com/ss.html to invest in your financial security. YOU must act NOW... this special offer is for a limited time only!

The FIRST 10 people will also be given transcripts and CD's from each teleseminar for FREE as an exclusive bonus, a $297 value!

AND, the FIRST 5 people will have the opportunity to be highlighted as a case study in a future teleseminar, a $10,000 VALUE!

Our teleseminar series will provide you with full access to everything you need to know and what the banks won't tell you!

Part I: You will learn the process of owner financing, the detailed "how to," what to expect, and the importance of payment history.

Part II: We will focus strictly on negotiation with buyers and borrowers.

Part III: Contracts, risks, and clauses --- don't miss out!

Part IV: Pricing and establishing value, and how to convey value in
negotiations.

Join us for eye-opening strategies to propel your confidence and provide you with information and material to succeed!

If you are interested in building wealth at lightning speed and using the same strategy as top investors in the "big leagues" this teleseminar series is for you.

Take action and visit http://www.remiknox.com/ss.html today!

Maria Fee is a mortgage professional, real estate investor, teacher, and master marketer with more than 20 years of business experience. Maria is the President of REMI KNOX, LLC, a group of investors who purchase real estate notes nationwide. Quoted by the media as an expert, she is continuously recognized for her extraordinary knowledge and real estate investing experience.

You to can discover hidden secrets to success with real estate notes. To take control of your financial future with proven strategies visit Maria's website at http://www.REMIKNOX.com. Happy investing!

"FREE Teleseminar…Shocking Investment Secrets Revealed!"

Maria Fee — Fri, 11 Aug 2006 16:14:51 -0400

“So Easy It’s Shocking: Profitable Secrets NOW REVEALED Through Real Estate Notes That Are Insured, Secure and Low Risk!”

Are you tired of watching your stock drop to an ultimate low? Consider this…an investment that is much less risk than stocks and bonds, and is both insured against loss and secure. We have a nationwide strategy and resources that works in all states. If you delete this email you are making a terrible mistake:

- The market is DEFINITELY changing
- Interest rates are climbing
- There are more homes on the market

Read this very carefully…if you want answers; join us for FREE on August 15 at 7:50pm EST to discover Maria Fee’s dynamite strategies NOW revealed. This is not your typical teleseminar with information you have seen or heard, this is a breakthrough call that is tell-all and has a tremendous value!

In this teleseminar you will learn how to:
- Maximize your earning potential with real estate notes!
- Sell your house fast and for greater than fair market value!
- Sell your home in record time with proven step-by-step techniques that get results!
- Attract buyers in both good and bad markets!
- Easily structure your home for sale!

You owe this to yourself, invest in your future success! There is nothing to debate – there is no cost, but if you miss this teleseminar it will cost you!

Visit our site right away, we only have 500 lines and over 1,000 people will receive this email! Sign up immediately and plan to dial in early to secure your line!

Visit http://www.remiknox.com/teleseminar.html to ask Maria Fee your burning unanswered questions about real estate notes or owner financing! As soon as you submit your question you will receive the details!

Maria will reveal her remarkable unconventional approach to real estate investing that works each and every time! If you are upside down financially, then I am certain you are enduring a tremendous burden on your personal and professional life. If failed investments have caused you to lose money and hope, we can help you overcome your obstacles and turn your luck around!

I am excited to invite you to join us on the call to uncover how Maria discovered the resource of using notes as an investment with no hidden expenses, secured by real property and has a good rate of return! She condensed her strategies into a handful of powerful techniques to sell properties using notes -- all cash, greater than fair market value, faster than your neighbors and with more buyers to choose from!

We already are down to a few spots left on the call, I urge you to check this out as soon as you can at http://www.remiknox.com/teleseminar.html to reserve your spot immediately!

I look forward to having you on the call!

Yours truly,
Michelle Wernert

P.S. I hope you get in - space is limited!
P.P.S. If you sign up now, you will get an exclusive bonus workbook offer valued at $27!

Maria Fee is a mortgage professional, real estate investor, teacher, and master marketer with more than 20 years of business experience. Maria is the President of REMI KNOX, LLC, a group of investors who purchase real estate notes nationwide. Quoted by the media as an expert, she is continuously recognized for her extraordinary knowledge and real estate investing experience.

You too can discover hidden secrets to success with real estate notes. To take control of your financial future with proven strategies visit Maria's website at http://www.REMIKNOX.com. Happy investing!

"The Time Value of Money"

Maria Fee — Sun, 06 Aug 2006 15:18:54 -0400
The time value of money (TVM) is an investment principle that states money is valued greater today than in the future due to inflation and economic conditions. Essentially, a dollar in your pocket today is worth more than a dollar in the future because money may be invested and earn interest over time. The financial concept of the time value of money is just this: money is worth more the earlier it is received.

If you loaned a friend $20, would you rather get the money back today or a year from now? You should want the cash today. Think back to the price of movie tickets 10 years ago. The price for a movie ticket at one point was just a few dollars and has risen to almost $10 due to the factor of inflation. By receiving cash today, rather than the future, you can invest the money into an alternate source and potentially receive a higher return for your money. Future value includes the amount of money you would earn through growth in your investments in the future assuming a given interest rate. It is what the cash is worth at a particular time in the future, while present value refers to the value of a given sum of money today. The same principle applies to real estate notes. A real estate note, a mortgage for example, is created with specific terms, conditions and a length of time for its return. In order to exchange the note for cash, a note’s present value is determined through a discount analysis to appraise its current worth, which will differ from the note’s value in 10 years.

To demonstrate TVM and why it can be more advantageous to have money now rather than the future, consider the following example. If you own a real estate note that is appraised at present value for $150,000 you can cash out now and spend the money, or you can invest in alternate sources for a higher return on your investment. By receiving the money today, you can avoid dealing with late payments and the risk of not receiving a payment at all. Immediate cash appeals to most much more than receiving money in the future. The following illustration of TVM shows the change in value of $150,000 over a year if invested with a rate of return of 10 percent.

Future Value = (Present Value) x (1 + Rate of Return)

Future Value = (150,000) x (1 + 10%)

Future Value = (150,000) x (1.1)

Future Value = $165,000

Understanding the time value of money is essential to achieving financial success, as this concept allows you to evaluate the potential value of money today in comparison to the future. When you talk about mortgages, loans, car notes and retirement funds, the practical knowledge of time value of money can help you accomplish the wealth you have longed for.

Maria Fee is a mortgage professional, real estate investor, teacher, and master marketer with more than 20 years of business experience. Maria is the President of REMI KNOX, LLC, a group of investors who purchase real estate notes nationwide. Quoted by the media as an expert, she is continuously recognized for her extraordinary knowledge and real estate investing experience.

You to can discover hidden secrets to success with real estate notes. To take control of your financial future with proven strategies visit Maria's website at http://www.REMIKNOX.com. Happy investing!

“Real Estate Investment Breakthrough: Cash Flow Industry Is Climbing!”

Maria Fee — Sun, 30 Jul 2006 21:30:22 -0400
Sit back and hold on tight, for the cash flow industry is climbing! The cash flow industry has developed through fast and flexible financing and offers multiple solutions to achieve successful financial results. The cash flow industry does not require a great deal of time, so professionals are becoming aware of the potential to make an investment that has a fast turnaround. The secondary financing market industry is growing and becoming more demanding as the benefits of alternative financing are recognized.

Professionals representing clients in possession of notes also known as “paper,” should be fully aware of the potential and possibilities. The note, a promise to fulfill a debt owed to a source over a specific duration of time and amount, serves as an asset in the cash flow industry. The note, through a variety of income streams, can be bought and sold, entirely or partially, allowing several options to investors.

First time homebuyers on a national average have less than the necessary income to meet the requirements for a loan, according to Texas A&M Real Estate Center’s 2005 Revised Texas Housing Affordability Index. What does this mean? There are numerous potential first-time buyers who want to purchase a home and do not qualify. The seller of a home could offer the option of seller financing to the first-time home buyer allowing the buyer to qualify and purchase the home. Through such deal structuring, the seller could then sell the entire note to an investor or a portion of the note, known as a “partial purchase.” If the seller is strapped for cash, the solution would be to sell the note entirely and the investor would then receive the future income streams in exchange for cash.

The visibility has expanded as businesses, both large and small, have discovered the advantages of the cash flow industry, also known as the sub-prime market. In the sub-prime market, there is an incredible mass of investment resources and opportunities. While the primary market is commonly recognized as the first source for money society thinks of, successful investors know the secondary market gives more flexibility.

Reasons contributing to the growth of the cash flow industry are as follows:

-         The paper industry provides a flexible form of investment with choices and more solutions in terms and conditions of a note.

-        In the wake of multiple natural disasters in recent history, society is searching for quick cash opportunities.

-         As more people acquire debt, the more likely they are in the need of cash.

-       The cash flow industry is reaching a high level of visibility and businesses and homeowners are discovering they have several options.

-       Aging population desires second homes, newer luxury cars and has increasing medical expenses.

The cash flow industry has become more structured and widespread, building the fundamental steps for the cash flow industry to keep climbing!

Maria Fee is a mortgage professional, real estate investor, teacher, and master marketer with more than 20 years of business experience. Maria is also the President of REMI KNOX, LLC, a group of investors who purchase real estate notes nationwide. Quoted by the media as an expert, she is continuously recognized for her extraordinary knowledge and real estate investing experience.

You to can discover hidden secrets to success with real estate notes. To take control of your financial future with proven strategies visit Maria's website at http://www.REMIKNOX.com. Happy investing!

“Consider The Options Unique To Real Estate Notes!”

Maria Fee — Mon, 17 Jul 2006 13:48:00 -0400
If you are like most people, to seal the deal and sell your property, you carried back a mortgage note and collect monthly payments. You probably would have preferred to get the lump sum of cash, which you can do a lot more with.

Which might be more valuable to you: the future promise of $700 dollars a month, over time or $70,000 lump sum cash in hand right now?! I do not even have to mention the hassle of chasing late payments or not receiving any payment at all! Stop losing sleep. Cash in your note and walk away with the cash you need to either take that long-deserved vacation or buy a better position in the market.

If you would rather relax on the beach soaking up sun rays and sipping on a tropical delight rather than continue living the typical rat race of an eight to five job just to get home and pay the bills, then please consider the options to sell your note. The vacation you have always dreamed of can become a reality much sooner than you may have anticipated. Here’s how!

When selling your note you have the following options:

Full purchase – Sell the entire note and receive a lump sum of cash at closing.

Partial purchase – Sell a portion of the note and reassume payments in the future.

Balloon purchase – Sell a portion or the entire payments; and a portion or the entire balloon payment. A balloon payment is the final payment on a mortgage, trust deed, or land contract. This final payment amount is greater than the preceding installment payments and pays the loan in full.

Multi-stage payout – Collect cash at closing and receive a future guaranteed payment.

Reverse partial purchase – Collect cash in exchange for future income stream and the next up front number of payments when due.

Split partial purchase – Collect cash at closing for portion of note in future payments and receive the remaining portion of the note when due.

Examine the following scenario on how a car note may be used as creative financing. Bob and Dave are good friends. Bob owns a nice car, but really needs a truck for his work. Dave just started a new job and would love to purchase the car from Bob, but does not have the cash.

Bob is eager to buy a new truck for work, so he agrees to finance the car himself and hold the note for Dave.   Dave owes an “IOU,” a written promise to pay Bob a certain monthly amount with specific agreed upon terms and conditions.

After a few months pass, Bob really wants to buy a new lawn mower. He now wishes he had the cash from selling his car and not the monthly income payments from Dave. He decides to sell the note to an investor in exchange for cash immediately.

In this scenario, Bob was able to sell his car fast and easy. He got the lump sum of cash he needed, and Dave was able to purchase the car without the necessary down payment. Strategic deal structuring enables a mutually beneficial situation and can help seal the deal much faster. Bob and Dave both benefited from the transaction!

Remember you don’t have to hold a note for 30-years. You can receive the cash you want NOW! The process typically only takes 30 days or less for you to get top-dollar for your note! Your note will be listed at no cost and you will receive several no-obligation quotes without a cost to you! Don’t let finances place a huge burden on your lifestyle–sell your note and take a vacation or even use the money to pay off bills or make alternative investments.

Who doesn’t need a vacation? See you on the beach!

Maria Fee is a mortgage professional, real estate investor, teacher, and master marketer with more than 20 years of business experience. Maria is the President of REMI KNOX, LLC, a group of investors who purchase real estate notes nationwide. Quoted by the media as an expert, she is continuously recognized for her extraordinary knowledge and real estate investing experience.

You to can discover hidden secrets to success with real estate notes. To take control of your financial future with proven strategies visit Maria's website at http://www.REMIKNOX.com. Happy investing!

"Real Estate Notes Provide A Safer and Secured Investment:...Or Would You Rather Roll The Dice?"

Maria Fee — Sun, 09 Jul 2006 13:15:08 -0400

The Las Vegas strip was not built on winners. Millions of people gamble as a way to hit it big and attempt to achieve wealth. With the heart pumping and adrenaline running, the thrill of winning is incredible, but the agony of defeat is much more probable. The odds of winning in a casino are not in your favor- the house holds the cards and the money - most likely yours. You are playing their game, on their turf, by their rules. Only with true luck will you prosper.

A safer and more realistic way to win financially is to invest your money in the secondary financing market, through buying and selling notes. A promissory note is a written promise to pay a specified amount through certain terms and conditions, and is a flexible and easy way to earn high rates of return on your investments.

The note holds multiple possibilities as an investment. There are over 60 types of notes, also termed debt instruments, to be bought and sold. Examples of such notes include: real estate, airplane, business, car, lottery winnings, insurance settlements, and many more. With a real estate note as an example, the note has a higher rate of return because the risk is higher on a loan in the secondary financing market due to issues such as credit problems, bankruptcy and insufficient job number of years in the work force. A benefit to a real estate note is the note is secured with collateral, the actual property. With real estate notes you understand the investment and it is insurable and you can add value to your investment unlike stocks and bonds. In addition, you have options. If you invest in a note, and after holding the note decide to sell for cash, you may. You may sell a portion of the note or the entire note. Business professionals and investors are constantly seeking opportunities to purchase a note in exchange for cash.

The secondary financing market of note exchange is rising. Note holders in need of money will exchange an existing note for cash. The Mortgage Bankers Association noted from December of 2004 to 2005, commercial banks had an increase in commercial and multi-family mortgage debt of $151 billion. With more debt in society, there are going to be countless opportunities to purchase a note and take over the income stream in exchange for cash. Buying in on the income stream, will in turn be a profitable investment, because the note is an asset.

The note can be bought through different terms and condition, with the level of risk the investor prefers. Through such an investment, there is no uncertainty over the amount, interest and duration of the note. The note already exists with the interest rate determined. Depending on how you buy the note, you can also increase your yield from what is typically an already high interest investment. Why gamble with your money? Why increase your chances of losing your investment? You can invest in a note – an investment where you understand and know the rules of the game.

Maria Fee is a mortgage professional, real estate investor, teacher, and master marketer with more than 20 years of business experience. Maria is the President of REMI KNOX, LLC, a group of investors who purchase real estate notes nationwide. Quoted by the media as an expert, she is continuously recognized for her extraordinary knowledge and real estate investing experience.

You to can discover hidden secrets to success with real estate notes. To take control of your financial future with proven strategies visit Maria's website at http://www.REMIKNOX.com. Happy investing!

"The Real Estate Note Partial Purchase: Enjoy a Slice of the 'Profit' Pie!"

Maria Fee — Tue, 27 Jun 2006 19:51:00 -0400

Want a piece of the “profit” pie?
Then purchase a portion of a note and discover how to achieve a slice of wealth. The private paper industry, also known as the secondary financing market, offers choices and flexibility to give you the freedom to determine whether you prefer to indulge in a “slice” or the entire “profit” pie. A portion of a note in the private paper industry is termed “partial purchase.”

To achieve such wealth, first examine the basics of a note. A note is a written promise to pay the amount stated from the borrower (payor) to the seller (payee). A mortgage deed is a written instrument that generates a lien by utilizing property to secure a debt. A trust deed holds the title to the property in the “trustee,” often a title company, as security for the loan until the debt is paid off. A cash flow transaction is the purchase of a note in exchange for cash. The note holder will receive a monthly income stream.

To explain in further detail, through a partial purchase the buyer attains a portion of the private mortgage note owned by the seller. The note represents a promise to pay through a course of payments due at a future time. The note offers flexibility since any portion of the note may be bought or sold.

An example of a partial purchase is as follows. Bob holds a note and would like to sell a portion of the note to pay for his child’s tuition. He could sell the note to an investor who would collect the monthly payments for a specific time period and then the note would revert back to Bob, the original note owner, to resume receiving payments. People often sell a note for a variety of reasons. They may need fast cash to pay a tuition, travel to a dream vacation destination, or even to pay a lump sum to the IRS come tax time.

Benefits to Your Investment Include (But Are Not Limited To):
- Reduced risk
- Good interest rate
- Good rate of return
- Note secured by collateral- the real property
- Property may continue to appreciate over time

The ability to buy and sell a portion of a note is a mutually appealing situation. Investing in a partial purchase allows the creation of deals through financial structuring that is in turn beneficial to both parties.

Maria Fee is a mortgage professional, real estate investor, teacher, and master marketer with more than 20 years of business experience. Maria is the President of REMI KNOX, LLC, a group of investors who purchase real estate notes nationwide. Quoted by the media as an expert, she is continuously recognized for her extraordinary knowledge and real estate investing experience.

You to can discover hidden secrets to success with real estate notes. To take control of your financial future with proven strategies visit Maria's website at http://www.REMIKNOX.com. Happy investing!

“How To Control Your Financial Future…It CAN Happen!”

Maria Fee — Thu, 22 Jun 2006 12:33:03 -0400
Has an amazing business deal fallen through the cracks because a primary funding source refused to lend you the money needed to get the deal done? Have you been rejected by the bank when trying to obtain a loan?

In addition to the primary lending market of banks, credit unions and mortgage companies, there is an alternative funding source known as the seconary or sub-prime market. The National Real Estate Investor published its Borrower Trends Survey in February 2006, which indicates after approaching banks, 32% of respondents cite private investors as debt sources. Another world of financing opportunities quick and easy to deal with and that want to lend to you!

According to the 2002 U.S. Census Bureau there are 271 secondary market financing establishments, a 22.5 percent increase in comparison to the 1997 survey results. The trend of increase is still developing as the secondary market gains wide visibility. Private lending, an alternative you should take into consideration, is a fast and flexible way to receive funding. An essential difference between the primary and secondary markets is secondary markets will accept higher risk and less than perfect credit.

Banks often will not only decline to loan monies to holders of imperfect credit, but will also decline to loan to folks who do not own enough assets. Amazingly, banks may also decline your request for a loan if they deem the amount is not large enough to make a big profit! If you are trying to invest in a new office building and need the capital to get off to the right start, don’t give up! Research the secondary market and get the cash to purchase the building you need. If you need cash flow, the secondary market is where you go!

The building blocks to your wealth start with stepping off the beaten path that traditionally led to banks, credit unions, and mortgage companies. The secondary lending market has expanded significantly over the years and accounts for a great deal of home and business purchases today. A multitude of business professionals and investors are seeking opportunities but don’t know where to turn.

Let’s get back to focusing on our goals and dreams and turn our backs on glass ceilings and closed doors. It’s the entrepreneurs that make our economy churn. What are you waiting for? Now is your chance to build businesses and wealth. I will see you on the early beaches of retirement!

Maria Fee is a mortgage professional, real estate investor, teacher, and master marketer with more than 20 years of business experience. Maria is the President of REMI KNOX, LLC, a group of investors who purchase real estate notes nationwide. Quoted by the media as an expert, she is continuously recognized for her extraordinary knowledge and real estate investing experience.

You to can discover hidden secrets to success with real estate notes. To take control of your financial future with proven strategies visit Maria's website at http://www.REMIKNOX.com. Happy investing!

“Attention: Paper in Secondary Financing Market Paves the Way!”

Maria Fee — Wed, 21 Jun 2006 09:55:56 -0400

Achieve wealth and build your portfolio with the same easy solutions successful investors apply. The ability to invest in multiple properties through alternative financing, allows investments through “paper” money to make MORE money. Truth be told, investing in properties through the sub-prime lending market, also known as the secondary financing market, will redeem a desirable profit.

Investing through private paper, known as notes, allows the flexibility and options available unlike the primary market. Notes are created as a written promise to pay a certain amount over a specific length of time. The interest rate and type of note varies. The primary market requires stringent loan programs and guidelines decreasing chances of profitability.

The sub-prime market accepts credit that is less than perfect. An example of primary funding sources familiar to the public is banks. The primary market is where the banks perform their lending. The sub-prime lending market will accept less assets or a ding in credit, unlike primary funding sources. Even without a bad credit history, banks frequently do not prefer to lend because of potential risk.
Banks often will refuse to lend if an absence of a long-term excellent credit history exists. An investor who owns several investment properties all occupied with tenants has a steady stream of income. Money is continuously coming in, but the bank will label it as a risk because of the question “what if.” What if the tenants all move out? In the sub-prime lending market, the note is backed with collateral, the property itself.

When you need money to invest seek the services of the sub-prime lending market and achieve the wealth you have always longed for. Best of all, your credit is not tampered with. Investments do not show up on your credit, allowing you to leverage your money to make even MORE money! Would you like to make a profit on your investments? Start now and take the necessary action to pave the way to financial success!

Maria Fee is a mortgage professional, real estate investor, teacher, and master marketer with more than 20 years of business experience. Maria is the President of REMI KNOX, LLC, a group of investors who purchase real estate notes nationwide. Quoted by the media as an expert, she is continuously recognized for her extraordinary knowledge and real estate investing experience.

You to can discover hidden secrets to success with real estate notes. To take control of your financial future with proven strategies visit Maria's website at http://www.REMIKNOX.com. Happy investing!

	30-year fixed	15-year fixed	5-year ARM
This week's rate:	6.31%	6.00%	6.12%
Change from last week:	-0.18	-0.17	-0.14
Monthly payment:	$1,022.38	$1,392.36	$1,002.02
Change from last week:	-$19.45	-$15.20	-$14.99

Search for items in libraries:

Advanced Search