Yes it does work, I met a few guys that pruchased a Radio station for 1 million with Zero's. Look for someone who wants to sell but needs the money over time.
P.S. It's strange that the reason I joined this service was to find the specifics about this same subject.
There were several books written on zero coupon techniques many years ago and it was a big success for selling books. I tried to do it and was laughed at as the sellers knew the cash value of the bonds and wanted twice their face value. Not much of a deal there. I do not know the values today but I am sure you can get some kind for half the face value still today. I think it is a waist of time to try to get a seller to take one.
PS Cupon is spelled coupon just in case you did not know
Thanks for the replies. Got one positive and one ........HMMMMMMM.
Still don't really know if the zero bonds are worth trying. Probably won't waste my time right now as there are many other ways to do deals that I know work!And yes, I do know how to spell (cupon ..haha) coupon...just got my mind moving faster than my fingers![ Edited by Lfire on Date 02/06/2004 ]
Funny enough but I think the two answers you received are both correct.
Yes and No, because it will be based on the seller. How motivated are they to sell? Can they wait on their money for 2 year, 5 year, etc.
Just to be clear, what I am envisioning is you purchasing a $100k house and giving the seller a "Zero Coupon Bond" for $140k (7%) with a 5 year Maturity
My guess is 99% of the sellers in the world would laugh at this idea; they want the money now or a monthly payment.
Yes it does work, I met a few guys that pruchased a Radio station for 1 million with Zero's. Look for someone who wants to sell but needs the money over time.
P.S. It's strange that the reason I joined this service was to find the specifics about this same subject.
There were several books written on zero coupon techniques many years ago and it was a big success for selling books. I tried to do it and was laughed at as the sellers knew the cash value of the bonds and wanted twice their face value. Not much of a deal there. I do not know the values today but I am sure you can get some kind for half the face value still today. I think it is a waist of time to try to get a seller to take one.
PS Cupon is spelled coupon just in case you did not know
Thanks for the replies. Got one positive and one ........HMMMMMMM.
Still don't really know if the zero bonds are worth trying. Probably won't waste my time right now as there are many other ways to do deals that I know work!And yes, I do know how to spell (cupon ..haha) coupon...just got my mind moving faster than my fingers![ Edited by Lfire on Date 02/06/2004 ]
Hey,
Funny enough but I think the two answers you received are both correct.
Yes and No, because it will be based on the seller. How motivated are they to sell? Can they wait on their money for 2 year, 5 year, etc.
Just to be clear, what I am envisioning is you purchasing a $100k house and giving the seller a "Zero Coupon Bond" for $140k (7%) with a 5 year Maturity
My guess is 99% of the sellers in the world would laugh at this idea; they want the money now or a monthly payment.