How To Invest & Grow Using This Mortgage Recovery Process
1. Sign or co-sign for a home loan, potentially with no closing costs (e.g. refinance) OR no money down (e.g. new purchase).
2. Wait ~3 months while making loan payments (e.g. $3000 / mo x 3 = -$9,000).
3. Satisfy current mortgage (-$5,000 per satisfaction up front) within 60-90 days.
4. Perform 'cash-out refinance' on home after a successful satisfaction (e.g. $1M loan = +$980K).
5. Pay 25% of satisfied amount (e.g. $1M loan = -$250,000).
6. Rinse and repeat.
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Yes, we offer a double money-back guarantee in cases where it is found that one's mortgage note is unrecoverable once Phase 3 (i.e. private admin process for recovery) has commenced.
Can Real Estate Investors (REI) Establish a HELOC Against Their Entire Portfolio
Yes and no. Doing this is very difficult using the same strategy we teach in the program. Why? The banks will give lines of credit where the investor has interest-only payments, but the banks don't want anyone to pay it off early which is why they ...
What Happens To The Note When Refinanced During Recovery
If a person has a note sent for satisfaction on LOAN #1, then they refinance into LOAN #2 during the recovery period (~12 months), the funds will simply be applied towards the current note, NOTE #2. That same person will also be able to recover NOTE ...
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Will An Ongoing Lawsuit Against Bank, Lender, Etc. Affect Recovery or Satisfaction
No, neither actions will affect the other while in motion concurrently. In short, lawsuits are a public action and recovery / satisfactions are a private action. However, once a remedy has been found privately this will affectly negate the need for a ...