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Old 09-28-2005, 07:03 AM
comreb
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Default Earn $900,000+ /-Per Year* With No Down Payment...











...by acquiring a shopping center for sale in a Western state, $18,800,000.

Alternative available new commercial mortgages include:

.20% down payment (purchaser-borrower would need $3,760,000
cash or equity plus third party reports and closing costs) plus a 80%LTV
new mortgage;

OR
.a new 100% mortgage (purchaser-borrower would need $300,000+/- cash for
presettlement expenses, to be rebated at settlement);.

OR
.another 100% mortgage (purchaser would need to pay third party reports
before settlement, plus closing costs and financial guarantee to the lender
out of cash at settlement, estimated $100,000++ cash costs additional to
qualifying the new 100% mortgage).

*The estimated net annual income noted in the subject line* is based on potential
use of the latter 100% mortgage, with 5 points to include in the mortgage balance, for
a seven year term, interest only, @ 1.76% interest rate (1 year LIBOR+0.75 basis points).
From the potential property's cash flow before IRS income taxes of $1,269,531+/- per year is
deducted herein potential IRS income taxes of 42% (kindly determine your own IRS income
taxes subsequently), creating a potential estimated annual cash flow after IRS income taxes
of $919,297+/-from this project, subject to the purchaser-borrower's further due diligence review
and recalculation/verification of all property operating income and expense, mortgage data,
and income taxes. State income taxes remain to be determined and deducted from the
above amounts.*

Details are available in subsequent emails.

Interested and financially qualified persons kindly include with your reply your complete:
name, position, affiliation, and address. Followup information is available by email.


Ron Neufeld, CCS, RECS
Neufeld Enterprises Inc.
Lic. Florida Real Estate Broker
PMB 110
1007 North Federal Highway
Fort Lauderdale
Florida 33304-1422

comreb@bellsouth.net




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