Create Paper

[Account Closed]

Create Paper

Find the cash you need by creating a low-interest note secured by a property you own.  Use the note as a down payment on the property you wish to purchase, or sell it to an investor for cash.  Your title company can draft the mortgage and note without an appraisal.  Include a substitution of collateral clause so you have the option to move the debt to another property, a subordination clause to secure 1st position financing, and reserve a pre-payment discount.

Charles Parrish