Negotiating on a note to sell...
I am negotiation on a property with sellers to create a note for $70k, 5% interest on a 30 yr amm, 10 year balloon. Property is a duplex in NE Ohio. Needs about $15k in repairs I will be doing this fall. After repair monthly revenue will be $1400, ARV will be about $120k.
Is this a note buyers would be interested in?