Note Experts - Advice Needed

[Brandon Williams]

I have a property that I sold owner financed in 2017. The buyer approached me about refinancing and I wanted to look at this as an opportunity to restructure the deal to make it more attractive if I want to one day sell the note.

The owner doesn’t have good credit, and I know that’s a big factor in how attractive the note can be in resale, but what other items can I incorporate into a new contract to make it attractive?  I have * a few items below that I think changing could be quick wins.  What else???

Current terms:

$42,999 loan amount

Zero down payment*

9.5% interest

96 month term

No early payoff penalty*