All you need is good credit

to make huge profits in real estate…  

 

By Mathias Pruestel, Founder of Magix Corporation

 

This is the perfect choice for passive real estate investors. Our program gives you the power to be "the bank". This translates into 5 to 6 figure profits for each transaction with profit of 21.5 to 24.3% (see sample projection).

 

The homes selected for this program are in good to excellent condition, in nice neighborhoods and do not require rehab.

 

Most transactions are in the $75,000 to $500,000 range. 

 

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How it works

 

Buyers that are not yet credit ready to be approved for standard home purchase loans or just want to avoid the "red tape" associated with the regular mortgage process, can have a "Credit Partner" (credit investor) purchase the property for them. 

 

The investor loan to the Credit Partner for that purchase can be full doc or stated. Minimum credit scores are presently 680. The Credit Partners need some verifiable liquid or semi-liquid assets for “reserves”  (bank deposits, stocks, bonds, mutual funds, retirement accounts, cash value of insurance or other). These funds only need to be verifiable and are not actually used. 

  

Each property is resold by the Credit Partner using a Lease Purchase Agreement (or alternative), with a typically 3 year term. Closing costs are paid by the Buyers or a participating third party independent real estate investor (not the Credit Partner). Since you are not paying any closing costs, your cash-on-cash rate of return on investment skyrockets.

 

The buyer pays the mortgage payments for the Credit Partner's investor loan (principal, interest, insurance, taxes and all other costs).

The Credit Partners receive an estimated 3.5% as an annual compensation/profit for the use of their credit plus an instant 11% cash/equity position (profit) at closing.

 

“Credit Partners” if classified by mortgage companies as  “seasoned investors” can often participate in up to 10 or more transactions per year. 

 

Closing costs are usually paid by a 3% seller contribution. Any amount exceeding the 3% is being immediately and fully reimbursed after closing.

 

This provides a rare opportunity to invest into real estate. Magix Professional Network Members and other registered real estate investors will have both sellers and buyers ready for the transaction and arrange for the financing and Lease Purchase transaction. An experienced third party mortgage payment processing company functions as a collection and bill paying service for the applicant/buyer and Credit Partner.

 

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Your benefits as a Credit Partner 

 

• Huge 5 to 6 figure profits for each transaction

Investment fully secured by property

Applicant/end-buyer pays 10% cash down from their own funds

• Credit Partner receives all stated amounts net of all costs and fees

• Third Party payment processing for your protection

• Tax benefits (all or shared) 

• No management costs 

100% of all the Maintenance and Repair costs are paid by the end-buyer/lessee 

 

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Projections...

 

Depending on the Credit Partner's particular credit an investor loan may be obtained for 80% or 90% of the purchase price.

 

Credit Partners qualifying for 90% financing will realize a zero cash investment (since the Buyer contributes a 10% cash down payment) receiving a minimum of 11% in cash immediately after closing. The obvious benefit here is the immediate upfront cash profit.

 

With a qualification for 80%, the Credit Partners need to pay 10% cash down (which will be combined with 10% from the end-buyer for a total 20% down payment). With the upfront compensation the Credit Partners realize a net zero cost investment (since the 10% down payment is fully recovered by payments to the Credit Partners after closing), receive a minimum of 1% cash at closing plus receive an immediate 10% equity position in the property. The benefit is an almost 13% higher profit over three years compared to the 90% financing.

 

The following sample projections are based on a $300,000 property value.

1.

A typical transaction with 90% financing has the following profit points:

 

Upfront compensation (at closing) 11% of 90% = $29,700

Annual additional compensation 3.5% (of 90%) = $ 9,450 with $787.50 monthly payments. Over 3 years that amounts to $28,350 (10.5%)

 

Total = $58,050 = 193.5% based on 10% Credit Partner down payment over three years (21.5% based on 90% - 80% financing plus 10% down)

 

2.

A typical transaction with 80% financing has the following profit points:

 

Upfront compensation (at closing) 11% of 90% = $29,700 (1% compensation is cash, 10% is the equity interest which will be cashed out after 3 years)

 

Annual additional compensation 3.5% (of 80%) = $ 8,400 with $700 monthly payments. Over 3 years that amounts to = $25,200 (10.5%)

Interest on 10% Credit Partner down payment (estimated at 12% per year) equals 1.2% of the transaction = $3,600 with $300 monthly payments, over 3 years 3.6% = $10,800

 

 

Total = $65,700 = 219% based on 10% Credit Partner down payment over three years (24.3% based on 80% financing plus 10% down)

 

 

Is this for real?

 
David Peters-Schram, Credit Expert, Glendale, CA, acclaimed author of "How Credit REALLY Works", with radio show guest speaker appearances across the nation with millions of listeners. »Mathias Pruestel [the founder of Magix Corporation] is a magnet for success. He has proven himself to me as an innovative creator in the realm of genius as a real estate investor. His knowledge of the marketplaces, credit, lending, real estate law, and title are professional. Beyond these statements, Mathias has an exceedingly high level of integrity that is rarely found in business. And that, to me, means more than anything else.«
David Peters-Schram, Credit Expert, Glendale, CA, acclaimed author of "How Credit REALLY Works", with radio show guest speaker appearances across the nation with millions of listeners.

 

 

There is no obligation when you register.

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Here's to your success!

 

Performance disclaimer as required by law: All earnings statements are estimates of what we believe you could earn and will depend on the terms of each individual transaction. We do not guarantee any profits and do not make any statement or projection as to the amount of money, if any, you will make with this business opportunity or the amount of profit or interest you may be able to receive. Use caution and seek the advice of qualified professionals including your accountant and attorney.

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