Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

7
Posts
0
Votes
Stacey Everett
  • Roanoke, TX
0
Votes |
7
Posts

Advice on selling my owner-finance note

Stacey Everett
  • Roanoke, TX
Posted

I have a deal that I am working on. I am fairly new to OF deals. I own the SFR outright. I am selling the property for $125k. The buyers are putting $5k down and financing $120k. since I am fairly new to RE investing, I want to get my money (or the majority of it) out so I can buy more properties. How do I make the note attractive to investors that are buying notes? DO I need to try to get more down from the buyers to make the LTV more attractive? I haven't finalized the deal yet with the buyers but I was going to set the note for 30-year, no balloon, 7.5%. If they finance $120k and I offer it to an investor for $105k - $110k is that attractive? Any light you note buyers/sellers out there could shed on this would be helpful.

Loading replies...