http://www.biggerpockets.com/blogs/767/blog_posts/3454-selling-part-of-a-note-#comments Comments from 'Selling Part of a Note...' in National Real Estate Note Buyers at BiggerPockets.com http://www.biggerpockets.com/blogs/767/blog_posts/3454-selling-part-of-a-note-#c_3596 http://www.biggerpockets.com/blogs/767/blog_posts/3454-selling-part-of-a-note-#c_3596 Hello, I'd like to inquire about the yield you or your principal are requiring for second mortgages with a CLTV of less than 90%. These would be new seconds originated. Original par values would be at or less than $20,000. Amortizations are 10 years, new notes, balloon in three years. Properties are located in Springfield, Mo. or within 20 miles of the city. All would be owner occupied. Can you shoot me the yield requirement generally acceptabloe for such obligations with these terms? If there is a significant difference in notes that have been underwritten with verifications under conventional guidelines for the first mortgage at 70% LTV, please advidse of that yield as well. Thanks alot and enjoyed your blogs. Bill