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135
Posts
13
Votes
Tony Gatto
  • Property Manager
  • Myrtle Beach, SC
13
Votes |
135
Posts

Note for .30 to .50 on a dollar

Tony Gatto
  • Property Manager
  • Myrtle Beach, SC
Posted

Hey guys... 

 I was a part of a transaction that we bought a house under lease option then sold to a buyer after we fixed it up.

The home was worth $125k or more according to the comps. We sold for 107 and took in 50 k cash. Myself and the original owner split the 50k and our attorney wrote a note on 57k @ 6% interest paid monthly for 5 years. 

He is currently looking to sell the note. I also have a small part of the note (200 per month for two years) 

I am looking for someone that would be interested in buying the note. I am sure i can get him down pretty low and i will take what im owed and some of the percentage 5% or 10% depending on how low i can get him to go. 

This is a great deal you can im me or send an email to [email protected] with contact information and i will call you straight back 

Tony

Offering

Most Popular Reply

Account Closed
  • Wholesaler
  • Indianapolis, IN
4
Votes |
47
Posts
Account Closed
  • Wholesaler
  • Indianapolis, IN
Replied

Hi Tony

I am still interested... Can you please send a copy of the note and as much of the following information to: [email protected]

Seller's Name:

Seller's Phone #:

Property Address:

Type of Property:

Square Feet:

Payor's Name:

Type of Note:

Date of Sale:

Date of 1st Payment:

Sales Price:

Appraisal:

Down Payment:

How did you pay the down payment:

Interest Rate:

Payment Amount:

Terms:

Balloon:

How many payments made:

How many late payments:

Current Balance:

Date of Balance:

Payer's Credit:

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