Private Loans for sell to Note Buyers

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Private Loans for sell to Note Buyers

Lender · Tampa, FL · Member since 2020 · 202 posts · 116 votes

I have performing notes, short term, < 12 months, interest only.  Willing to sell the note but I keep the servicing in-house, so less work for you.  I issue 1099-INT's at the end of every year.  All my notes are secured to FL properties, most are either new construction or Fix and Flip.  Dutch interest is charged, so you earn interest even on your capital sitting in construction escrow.  Happy to walk through my vetting procedures of borrowers, property and projects.

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  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    3y

    @Edwin Epperson

    Recoemmned selling servicer released as many retail note buyers want to have more control over servicing rights

    7e investments53 Reviews
  • Lender · Tampa, FL · Member since 2020 · 202 posts · 116 votes
    3y

    I appreciate that Chris, but I don't sell my notes to retail buyers.  I'm looking for individuals who want to purchase a note, thank you though for the recommendation.

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