Clap note investors benefit from this situation, because the corporation has established a long-term plan for the property in which the 24 months of high interest is only a small component. Invariably the company has an exit strategy in mind for the property that includes refinancing in two years via buyer-assumable, low-interest Wall Street conduit loans. This allows them to pay off the clap note investors at full face value. During the two-year period, the company also completes all construction improvements on the property (gas station, fast food outlet, drug store or whatever).