$1M Industrial-Secured Note — Creating Paper to Trade Into Value-Add Deals
Guest: Jason Dillard, DPHRE
Duration: ~5:48 minutes
Episode Summary
Spencer Schelp interviews Jason Dillard about a newly created
$1M industrial-secured note backed by a ~200,000 SF industrial facility.
The note pays $5K per month with $400K & $600K kickers, and is secured
by collateral valued around $1.4M+.
Jason explains how the paper was created, why it’s secure, the strength of the
underlying collateral, and the types of value-add, problem, or upside-heavy
assets he wants to trade into nationwide.
Key Highlights
- • $1M note secured by ~$1.4M+ industrial property
- • $5K/month passive income
- • $400K & $600K kickers
- • Borrower has $130K down + active improvements
- • ~200,000 SF industrial collateral
- • Jason wants value-add, upside, distressed, or “hair-on-it” deals
- • Will consider land, vacant buildings, industrial, or creative structures