Become an IOU Scout
When you register to become an IOU Scout you would be eligible to earn 10% of our profits when we negotiate a successful deal. This could mean hundreds if not thousands of dollars from just one deal.
We charge our investor network 10% of the note or property value when we broker them out. Some of our scouts are earning thousands per month just by referring note and property owners, who need cash now, to us. Although this type of deal can be applied to almost any note, or property we want you to understand that there are many ways to negotiate a deal, and no deal is done until the papers are signed! This is not a guaranteed business we want motivated self driven individuals who want to earn some cash.
Take this little scenario for example, someone you know wants to start their own business. He needs $50,000 for the down payment and $25,000 for working capital to cover expenses and start up overhead..
Because you are an IOU Scout you speak with him and learn he is holding a seller financed note for $200,000 at 10% interest amortized over 30 years. The note has a balloon that becomes due in ten years. He has been receiving interest only payments of $1666.67 per month for three years for a total of almost $60,000!
The note is still worth $200,000 and a flat out sale of his note would only give a him $130,000 sales price for his note, a discount of $70,000 which is an Investment-to-Value of 65% (ITV). That's a big chunk of change.
Not many people would agree to that! He only needs $75,000 for his start up capital and he was counting on some of the monthly note payments to help pay some of his daughter's college expenses.
As an IOU Scout you would be eligible to earn up to 10% of our profits when we negotiate a successful sale. This could mean thousands extra per month in your pocket.
NO Expenses, NO Experience, NO Overhead.
We do all the work, you just refer people to us who need cash now! It's that simple!
This is a chance for anyone to get into a highly lucrative business for ZERO money! There is no catch to this business. Do it or don't do it, you only make money when you put forth the effort. Keep reading to see how much you could have gotten paid on this deal.
If you were to refer this gentleman to us we would suggest selling half of each monthly payment for the next 30 months he could get $25,000 cash today and leave him with a monthly note income of $833.34 now, to help with those college expenses. To get the remaining $50,000 we would sell another 30 full payments, which the investor who bought the note would begin to receive 30 months from now.
From an investor's standpoint, he put up $82,500 representing only 58% ITV. Because of the equity cushion and payment history, he accepts a lower return than he would otherwise expect to get. But wasn't the price of the note $75,000? We charge our investors a minimum of 10% of the note value for our services. Our investors love buying notes that offer a good yeild for their investment. On this particular deal we would have made $7,500 for brokering this note out to our network of investors. As the IOU Scout that referred this gentleman to us you would earn 10% of our profits. That's $750 just for talking to a friend!
By buying only a part of this note, you show that this gentleman receives the $75,000 he needs right now, plus a $833.34 monthly income a total of $25,000 for the next 2.5 years, to cover his daughter's college years. He also holds an interest in the note, which will still have a balance of $200,000 when he starts receiving the monthly payments again in 5 years.
The three above figures represent $300,000 in cash benefits to this gentleman. Even though he fully understands the time-value-of-money, the realization that he is receiving $100,000 more than he sold the note for not counting the $60,000 in monthly payments he has already received sure sounds a whole lot better than selling the note outright! It's a win-win-win situation.
You would have earned $750 just for telling us
about some who needed cash now!
To become an IOU Scout fill out the short form below.
We will contact you by email with further details.
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