Why create your own Mortgage

You purchased your property several years ago for the right price, with a 20% down payment
of $65,000 and a mortgage of $265,000.00 with PI payments of $1,675.00.

You are looking for $55,000 or so to invest in a new business, or to purchase real estate quickly, etc.

You have made improvements to your property, raised the rents, have great management and you know you have approximately $160,000 in equity in your property.

You know by going to a conventional lender the cost, time and enormous amount of paper work is out of the question.

How do you get the equity out of your property, without going to conventional lenders.

You have an office building, which is self-supporting and providing you cash flow, but you would like to maximize what you have by using the considerable amount of equity you have built up, to invest back into your business.

How do you get the equity out of your property.

The easy answer is Create your Own Mortgage.

You use the same principles, which were discussed in the section Discounted Mortgages

Questions, comments or suggestions on any of these articles, Send us an

or call Wayne H. Wagie 786-326-4747

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