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Old 02-22-2006, 05:39 AM  
Sarah - GTS
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Join Date: Jul 2003
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You could invest the money in second mortgages. The interest rates are usually 13%-20% (depending on the risk of the deal) but the beautiful thing is they are secured by a building, so if the borrower defaults you have a very good chance of owning the building (you can offer to buy out the first mortgage, then sell the building), PLUS you can charge high lenders fees, i.e. $2000-$5000 per deal
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