[VIEWER QUESTION] How can I boost the yield on a private loan note without changing the interest rate?

This week's video is about how to boost yield on a private note while keeping the same 'face rate' of interest.  Watch:

Then after I realized that I had made an error, I recorded this video...

The Invest Local Book blog is all about small business, franchises, local investing, home economics, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.  Sign up for my mailing list and don't miss a thing! [CLICK NOW]

Chris' land deal - How do you figure out your yield when you buy low and sell at a profit on a note?

I show how to calculate the rate of return from buying low and selling high on a note in a land deal that was suggested by Chris.  In this example, Chris pays $2,500 for a piece of land and sells it for $5,000.  The buyer has a $1,000 down payment and will pay the balance over 36 months (3 years) with 8% interest.  What is Chris' rate of return on this investment? Hint: It's similar to a Lonnie Deal.

If you want to get into the secret FaceBook group, e-mail me at dbarnett@alpatlantic.com



The Invest Local Book blog is all about small business, franchises, local investing, home economics, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.  Follow me on FaceBook at www.FaceBook.com/DBarnettMoncton.

[VIDEO] Financing $2500 home renovations

I was invited to talk to a home improvement contractor about arranging financing for his customers so that he could sell more jobs.

I showed him how he could benefit from the deal in more ways than one while creating a nice investment for me.

Enjoy.

If you want to learn more about these types of private lending deals, read my book Invest Local.