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Updated almost 6 years ago,
Question - San Antonio Note?
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?