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Updated over 5 years ago on .

User Stats

26
Posts
15
Votes
Luke Hoffmann
  • Rental Property Investor
  • Dubuque, IA
15
Votes |
26
Posts

Selling Investment Note

Luke Hoffmann
  • Rental Property Investor
  • Dubuque, IA
Posted

We have a house we rehabbed top to bottom last summer.  We close today on a land contract sale.  The buyer has a 1 year note on the property.  $1500/mo payment, $150 towards principle.  I'd like to sell the note and reinvest our capital.  Note originated at $231,900