⚠ Judicial foreclosure state — expect longer timelines and higher legal costs.
⚠ Average 17.1667 months to foreclosure — significant holding cost risk.
Exit Strategies
Strategy projections are estimates based on market data and historical outcomes. Consult qualified legal and financial advisors before making investment decisions.
★ Deed in LieuEitherA
ROI1,305%
Yield1,204.7%
Timeline13 mo
Success20%
Est. Profit$156,590
IRR1,046.6%
Why it works
May avoid lengthy foreclosure; borrower cooperates in exchange for a clean exit. As junior lienholder, senior obligations reduce proceeds.
Key risk
Borrower must agree voluntarily; junior liens or title issues may block.
Calculation
Property sale (85% of $198,600) $168,810 - senior obligations $0 - rehab $0 - purchase $11,998.682 - holding $221
Action Plan
1Offer borrower cash-for-keys or relocation assistance
2Borrower signs deed in lieu agreement
3Record deed transfer and clear title
4Assess property condition and complete any rehab
5List property for sale or hold as rental
Loan ModificationCash Flow324% ROI · 60mo · 40%
+$38,884
ForeclosureEither91% ROI · 23mo · 70%
+$10,889
Fix & Flip (Mod & Sell)Hybrid185% ROI · 6mo · 30%
+$22,233
Discounted Payoff (DPO)Lump Sum114% ROI · 3mo · 25%
+$13,662
Full PayoffLump Sum185% ROI · 4mo · 10%
+$22,215
Interested in this asset?
Schedule a call with our team to discuss this note and get detailed information.
