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Updated about 16 years ago on . Most recent reply

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885
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316
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Mark Yuschak
  • Residential Real Estate Broker
  • Grand Blanc, MI
316
Votes |
885
Posts

Favorable owner financing terms for note buyer resale

Mark Yuschak
  • Residential Real Estate Broker
  • Grand Blanc, MI
Posted

Lately my mode of investing has involved flips. In order to get top dollar when I resell them, I offer a land contract.

However, I don't want to be holding all this paper. So, going forward I want to sell the paper to a note buyer.

For all you note buyers out there - what terms would yield me the highest return when I go to sell this paper in the secondary market? Higher interest rate? Higher down payment? Shorter terms?

And, what is concerned ample seasoning?

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