Monday, December 27, 2010

Wayne Palmer on Creative Financing

Wayne Palmer on Creative Financing

One of the most creative investors I have ever met, Wayne Palmer explains a bit about some of the deals he is working on. He will be Robert's special guest at our two-day book study in April 2007.Ive invested in Wayne Palmer's National Note of Utah for years. Absolutely the best thing that Ive ever done with my money....and by the way, the seminar I went to was free.$825K times 11% equals $90,750 per year in Net Operating Income (NOI). Less debt service to the 6% lender which is $49,500 leaves net cash flow to the owner of $41,250. That doesn't seem like making money from nothing, that is making money using OPM on a legitimate investment. Very cool!

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