Updated about 16 years ago on . Most recent reply
Buying Notes???
Does anyone on here know anything about buying notes, or have done it or is interested in doing it?
Most Popular Reply
Sorry for the late reply. I would be happy to share with you what I can. My general formula is to double what I have into the home as the sales price w/10% min down, we do 80-10-10's and as short of a term as we can get away with. We charge 9 to 10.9% pr. month and try to keep the payments at an amount that is well below market rents. These notes are to keep and hold-not for resale!