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Updated almost 8 years ago on . Most recent reply

User Stats

283
Posts
179
Votes
Logan Turner
  • Rental Property Investor
  • Dallas, TX
179
Votes |
283
Posts

How much is a note worth

Logan Turner
  • Rental Property Investor
  • Dallas, TX
Posted
What is a "good" price to sell a note for? Ex. 95k note, 10 years, 10% no balloon. Performing, homestead owners of house.

Most Popular Reply

User Stats

602
Posts
357
Votes
Scott Carson
  • Note Investor
  • Austin, TX
357
Votes |
602
Posts
Scott Carson
  • Note Investor
  • Austin, TX
Replied

With there only being 4 payments being made, it's not that desirable.  Did they put a $5K downpayment?  If they did put some money down, that helps.  But if they didn't, it makes it less desirable.  I would need to know the address, but I'm not going to be interested in paying a performing note until I see 12 months of on time payments.

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