End to End Distressed Mortgage Investing End To

End to End Distressed Mortgage Investing

End To End Distressed Mortgage Investing Ron Happe Ron@MSCPInc. com 888 -966 -1256 Main Street is the only full-service note investment company that facilitates the acquisition, servicing and specialty servicing (performed by certified asset managers), and divestiture of real estate notes under a success-based fee structure.

Ron Happe MSCPinc. com (888) 966 -1256 Ron@MSCPInc. com Benefits of Mortgage/Trust Deed Investing • • Opportunity to Become the Bank Secured by Real Estate Large Very Liquid Market $480 Billion High Yield Potential

Distinct Products Ron Happe MSCPinc. com (888) 966 -1256 Ron@MSCPInc. com Institutional Lender Notes • Available through Hedge Funds and Regional Lenders in quantities called pools or tapes Seller Financed Notes • Installment Sales, as no loan is made • Available usually through the maker/seller - one off

Types of Notes Ron Happe MSCPinc. com (888) 966 -1256 Ron@MSCPInc. com Potential Yields • • Performing 4 -6% Scratch & Dent 12%+ Non Performing 15%+ Seller Financed 12%+

Non-Performing Notes Ron Happe MSCPinc. com (888) 966 -1256 Ron@MSCPInc. com Main Street Capital Partners • Opportunity for very high yield • Complete Back office support from acquisition through workout and servicing to divestiture • Catering to the Private Investor on a success fee basis

NPN Tampa, FL Ron Happe MSCPinc. com (888) 966 -1256 Ron@MSCPInc. com Original Loan Interest Rate Term 30 Year Fair market Value of home Unpaid Principal Value Purchase Price of Note (52% FMV) Due Diligence including title & BPO Total Investment Original Monthly Payment Monthly payments left at purchase 306 Arrears 32 months + penalties $ 278, 000. 00 6% 360 Months $ 235, 000. 00 $ 261, 000. 00 $ 122, 200. 00 $ 7, 000. 00 $ 129, 200. 00 $ 1. 666. 75 $ 54, 136. 00

Outcome Tampa, FL Ron Happe MSCPinc. com (888) 966 -1256 Ron@MSCPInc. com • Borrower paid arrears $6, 000. 00 • If 12 monthly payments made on time remaining arrears forgiven Forgiven: $48, 135 • Payment to be paid $1, 666. 75/month • If loan is kept for cash flow: $1, 666. 75 times 12 payments per year = $20, 001 per year on investment of $123, 200 (129, 200 6, 000) • Yield 16%+ for 24. 5 years with ITV of 55% • If loan is then sold at 11% yield to buyer, receive $169, 395. 52 and you have received $6, 000 in arrears and $20, 001 over the 12 months for a total of $195, 395. 52. Profit equals $66, 195. 52 or 51% ROI. It took 19 moths to cash our 32. 21% Annualized yield!

NPN Phoenix, AZ Ron Happe MSCPinc. com (888) 966 -1256 Ron@MSCPInc. com Original Loan Interest Rate Term 30 Year Fair market Value of home Unpaid Principal Value Purchase Price of Note (49% of UPB) Due Diligence including Title & BPO Total Investment Original Monthly Payment Monthly payments left at purchase Arrears 41 months +penalties $ 241, 000. 00 6. 25% 360 Months $ 237, 500. 00 $ 228, 000. 00 $ 111, 720. 00 $ 6, 480. 00 $ 118, 200. 00 $ 1, 483. 88 310 $ 60, 839. 00

Outcome Phoenix, AZ Ron Happe MSCPinc. com (888) 966 -1256 Ron@MSCPInc. com • • Borrower Paid Arrears Agreed to Pay Monthly for 310 Months First year collect $1, 483. 99 for 12 months Annualized Yield $ 8, 000. 00 $ 1, 483. 88 $ 17, 806. 56 17% House sold after 21 months • • • Payoff at time of Sale Collected 15 payments of $1, 483. 88 Arrears Total Collected ROI Annualized yield $ 224, 630. 00 $ 23, 742. 08 $ 8, 000. 00 $ 256, 372. 00 117% 67%

Creative Assistance Ron Happe MSCPinc. com (888) 966 -1256 Ron@MSCPInc. com • • • Step Payments/ No Balloon Reduced payoff Increased payment for less interest Add arrears to end of loan Adjust payments increase time