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Updated over 14 years ago, 05/13/2010
$192,000 Note for $80k
I have a 10 property package sold on a single land contract for $192,000. The terms are $4000 per month for 48 Months. Period. No interest, no balloon. The buyer is a reputable rehab company who is fixing the properties up and renting them out. Payments begin June 1. The properties are in Michigan: 3 in Saginaw and 7 in Detroit. At $80,000, that would represent 41 cents on the dollar. A decent discount. The contract is assignable. If interested, please write me at [EMAIL REMOVED]or call: [PHONE NUMBER REMOVED] Thanks. Tom