1. Find a house with an after restoration value of less than 175k for us to buy.
2. We run it through our rehab and sales machine.
3. We originate a note and you get 40% of the interest/equity spread for 30yrs. Typically around $200 per month, it adds up to approximately $70,000 if the borrower stays in the house for the term of the loan. Pretty sweet right?