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Updated almost 6 years ago,

User Stats

27
Posts
21
Votes
Ryan Roberts
  • Real Estate Agent
  • Austin, TX
21
Votes |
27
Posts

Question - San Antonio Note?

Ryan Roberts
  • Real Estate Agent
  • Austin, TX
Posted

Hello BP,

I have a home under contract in San Antonio and have a question about selling it with owner financing. It's in a great neighborhood (Thousand Oaks) and its an older home but can be rented as is. The plan is to sell it with owner financing, and then selling that note as a partial to recoup our initial investment. 

How many cents on the dollar will a partial sell for if the LTV is 90%, with a 6% interest rate? 8% interest rate?

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