Business Plan for Carden's Capitol Solutions
General Theory of Operation
The key to my system is that we are funding buyers from a private investor fund for buys seller created
mortgage notes. In the enclosed sheet you will see the guidelines we have set up to fund different types
of buyers.
My system allows for “Owner Will Finance” terms to be placed on properties. Whether we are helping a
FSBO seller sell their home or for us when we “flip a home to an end buyer. Most home buyers respond
to ad’s for homes that feature this financing as they do not want to go through the mortgage company
process or they have been turned down by these sources.
• Please note! We do not originate loans! What we do is create a mortgage and note and sell
this note to our investor group or buy existing 1st lien notes. These buyers believe that the
“Owner will Finance” home seller is the last resort to own a home. Most people do not even realize
that the “paper” business exists to buy and sell mortgage notes or any promissory note for that
matter! My company also buys lottery winnings, personal injury awards, land contracts, and
commercial notes such as business notes. All these notes are known as payment streams evidenced
by the note and mortgage documents recorded in the counties where the property is located. It is
much like the stock market paper that exists today but the paper is backed by real estate...a much
stronger backed security than stocks in my opinion.
• No need to be an expert on this subject but just know that you most likely will handle this type
of paper in your new “hobby” with us that can be most profitable!
Here are the steps that if followed carefully will result in a successful home sale.
We do two types of investments
1. Buy a home at 75 to 88% of appraised value and then simultaneously sell it to an end buyer offering
Seller Will Finance terms (Profits are in the 5K to 20K range) This is known as a flip transaction or
simultaneous close. This is a program that makes millionaires over time! The resell to our end buyer
of course is 100% of appraisal!
2. Do seller assists with our end buyer (Profits are smaller with this plan but less work is involved)
(Profits are in the 1k to 3K range) this program is great to generate “pocket change” with minimal
involvement in the real estate deal. We simply help FSBO (For Sale by Owner) home sellers offer
Owner will Finance terms on their property to sell it quickly and at full appraised value. This is also
the program that I use to assist you, the real estate investor to sell properties that you may have
under contract or own and want to sell fast!
Here are the steps that we take to close a deal whether “Assisting or Flipping”
1. Place an ad to find buyers (Please see sample ads below) and get them qualified through my
office. I feel it is better to have several qualified buyers ready to go, as most real estate agents want
proof that you have the capability to close deals! With a ready and willing buyer, it makes it easier to
make offers on property. Remember we are using the buyer’s funds that come from my investors to
purchase property for profit! We can use fax documents for initial qualifications and overnight mail for
the original hard copy. We have a mortgage qualification sheet (Form 101) that can quickly weed
out the people who simply cannot qualify even under our program. Do not be afraid to get into the
buyer’s personal financial history as relates to the home buying process. You also want to use the
mortgage qualification sheet to find out how much home and monthly payment the buyer can afford.
Even before we begin the process we must pre-qualify the buyer using our mortgage pre-qualification
worksheet. This is to avoid wasting your time with a buyer who simply will not qualify under our
program guidelines. Most people think they can afford the bigger house but quickly find the
payments make them house poor! As a result they are more at risk for foreclosure. Our goal is to
make a satisfying transaction for everyone concerned that will at least have a good chance of lasting
for the buyer! My goal is to make Carden's Capitol Solutions a company that people equate with
quality deals and high ethics. Of course you want to meet the buyers first so pick either your office or
