Note Investing Case Studies — Real JKP Holdings Deals
These are real mortgage note deals JKP Holdings has bought and worked out — performing notes, non-performing notes, and partials across multiple states. Of the 8 examples below, 7 closed profitably (up to +161% on cost) and 1 lost money, because honest note investing includes the misses. Led by Dave Putz, a note investor since 2010. Property details are anonymized to state.
The Deals
Invested $26,080 → sold for $68,000
Foreclosed, rented for cash flow, then sold.
Invested $31,933 → sold for $72,600
Foreclosed, renovated, and sold to a private buyer.
Invested $69,767 → sold for $120,000
Acquired, rented for cash flow, then sold.
Invested $22,838 → paid off at $45,600
The borrower refinanced just before the foreclosure auction and paid off in full.
Invested $32,120 → sold for $36,500 + payments
Bought sub-performing, returned it to performing, then sold it as a performer.
Invested $27,500 → sold for $32,800 + payments
Held for monthly cash flow, then sold.
Invested $26,000 → 117 payments purchased
Bought a partial — the next 117 payments — for predictable cash flow.
Invested $54,841 → sold for $32,100
Over-renovated and hit a forced-place-insurance problem, so it sold at a loss.
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Book a Consult with Dave →Note Investing Returns & Outcomes: FAQ
What returns do mortgage note deals actually produce?
It varies widely by deal and strategy. In JKP Holdings' real deals, returns have ranged from a 41% loss to a 161% gain on cost, with most non-performing workouts and performing notes closing profitably within about two years.
Do note investors lose money on deals?
Yes — note investing is not all wins. In the deals shown, one non-performing note sold at a 41% loss after it was over-renovated and hit a forced-place-insurance issue. Honest results include the misses.
How long does a mortgage note deal take to resolve?
It depends on the strategy. JKP's deals here resolved anywhere from 7 months (a fast foreclose-renovate-sell) to 7.5 years (a long-term cash-flow hold).
What strategies do note investors use to profit on a note?
Common paths shown here: reinstating or re-performing the borrower, foreclosing and reselling, renting for cash flow then selling, buying partials for predictable income, and holding performing notes for monthly cash flow.
Learn the terms in the note investing glossary, see how note investing works, or sell us a note.
