This is a short YouTube case-study/promo by Catherine (Kathryn) Bell of Titan Impact Group describing a Jacksonville, Florida non-performing mortgage note (NPN) investment opportunity. She introduces the Titan Impact team (Catherine Bell, Steve Wall, Laura Miller), explains the firm’s mission to stabilize families/communities, and walks through deal economics: estimated property value $72,000; unpaid principal balance (UPB) ~ $64,000; borrower monthly mortgage ~$537; legal/note payoff $143,000 due to 77 months of arrears; average local rent ~$1,696; estimated ROI ~19.9% if reinstating or doing a loan modification, and roughly $25,000 profit if foreclosure and resale. The video ends with a call-to-action and contact options for investors and mentions other company projects (Taylor, AZ development, condo, medical office space, commercial/industrial).
Questions this video answers
$72,000
Just over $64,000
$537 per month
$143,000 (higher because there are 77 months of arrears, which increases the legal balance owed)
77 months
Chapters
Hi everyone, it's Kathryn Bell back with Titan Impact Group and I am super excited to share with you one of the opportunities that we are in the middle of taking down right now. So let's go ahead and jump straight into it. So as always, who we are is making sure that everybody understands that it really is super important to us that we leave every person, property and community better than we found them. And that's what we love to do. That's what taking care of these families is all about, working with them to make sure that they get to actually stay in their home that they've probably been in for years and years and life happened and we're here to help them get back on their feet and stay in their home. So who are we? We are the Titan Impact Group. There's lots of us, but the three main, three main people that are, you know, in the trenches every day are myself, Katherine Bell, Steve Wall and then Laura Miller. We've all been investors for a few decades and have a ton of experience inside of investing and it is our passion, it's what we love to do and inside of our passion, making sure again that we leave every person, property and community better than we found them. That's what I love about our team is we are all aligned inside of that purpose. We are a Scottsdale real estate investment company and we are focused on non performing notes. We work directly with banks and hedge funds. We've done well over 600 deals combined and we also have lots of other projects that we're in the middle of as well and as if you follow us that you will be able to learn more about that. So make sure that you like share and comment on this video to let us know how it inspired you and what you're looking for in what states. And we're more than happy to connect you to our network and help you do deals too. So this is the deal that we're looking at. It's in Jacksonville, Florida and it's a non performing note. That's what NPN means. So let's go into the numbers. One of the things I love about our team is we love to do the numbers and the numbers tell us what to do. So the value of this property happens to be $72,000. It's a three to seventeen hundred square foot house. The unpaid balance, so the banks call it the UPB, is just over 64,000 the principal and so the monthly payment that they would pay is 537 or yeah, $537 a month, which I'll go into that why that's important in a minute. The Note payoff is $143,000. It's because there's 77 months behind on this property. It's the legal balance that's owed. The average rent in the area is 1696. Now why that's important is if this family was to lose their home, they'd have to turn around and pay almost $1,700 a month in rent versus only the $537 a month mortgage to keep their house. So they're going to be highly motivated to stay in this home. And so we're going to work with them to help make that happen. The ROI on this is 19.9% to reinstate or do a loan mod, which we're very excited about. If we have to foreclose and resell, would Approximately be about $25,000 profit on this. So again, do the numbers numbers tell you what to do? We're in communication with family and we're looking for an investor who wants to go ahead and partner with us on this. It's one investor per property. That's how we do it. So our investors are. Their money is secure with an actual property. And so if you're interested in learning about this or any of our other deals, for sure, reach out to us. We have a development that's going on up in Taylor, Arizona, which is very exciting. There's very few houses up there and so the demand is really, really high and the supply is really low. So we're helping take care of that. We've got a condo development that's going on up there as well. I can share with you more about that. We also have medical office space space going on and that's being driven by the baby boomers. And we also have commercial industrial development going on. So our team has a lot going on, lots of opportunities. All of our investors love us because we collapse timelines and we add commas to bank accounts for everyone. So if you're interested, please reach out and let's discuss your goals and expectations and figure out, you know, what if what's a fit for you. Maybe it's somebody in my network that we know that I'm more than happy to connect you to. So you can do sign up for a time good time that works for you to have a conversation with me about these. You can go to Bit Ly Catherine Tig, or you can email me@catherineitanimpactgroup.com or you can just call our office at 480-244-2587 or you can check out our website. Either way, we appreciate your time spending this with us and I hope this was valuable and useful to you and I look forward to connecting you more again. Make sure you like share comment and just keep following us. We have lots more deals coming down the pipeline. Have a great day everyone.
