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Updated about 11 years ago,

User Stats

224
Posts
75
Votes
Sean H.
Pro Member
  • Flipper/Rehabber
  • Pittsburgh, PA
75
Votes |
224
Posts

Would you buy a note that..

Sean H.
Pro Member
  • Flipper/Rehabber
  • Pittsburgh, PA
Posted

I am a bit curious if there are any paper investors out there who would buy a note that is secured by a property roughly at 50-60% of the note's value (ex: note for $100k, property value at $50k). The note would be for 30 yrs, performing and guaranteed at a 20% discount.

How long would you want to see it perform before you were interested?

  • Sean H.
  • Loading replies...