The next comment was
"What do you mean in the form of a loan?"Answer I had researched this years ago and found a long version using a Tenant in common contract.
I found that to complicated and just drew mine up as a personal loan from the investor into my company name and when the loan gets paid off that's it.
The next comment was
"It all depends on the use of the cash (higher return, personal need, etc.) from selling the whole note now compared to the ROI of the 60 months sale and the future payments. No one right answer."
Part 2
but it still comes down to which ROI is higher. Both have risks to be analyzed. The risk of the borrower returning to non-performing (which he has a history of) vs. risk the new investment won't pay the return anticipated. It's all in a comparison of the numbers with neither choice being guaranteed.
The next one was
Are you sure you don’t want to sell me your re-performers, Mike??? So I can do what you state in your email??
Ha!
The next one was
"You send good emails"
The next one was
Absolutely agree and the math backs it up, particularly for long-term cash flows and non-equitable notes. IMHO, this might be the most valuable lesson people entering any cash flow business could absorb.
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