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Updated about 11 years ago on . Most recent reply
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Selling Partial Land Contracts
I have several land contracts secured by vacant land throughout Arizona that have an average value of 6-10k and at a interest rate of ~10%. I did not pull credit when creating these land contracts and service them personally. I am looking to partially sell some of them to free up cash. I would guarantee they would perform by offering to exchange any contract that stops performing with another one that is performing. Does anyone have any experience doing something similar? Any advice on the best way to find a buyer/funder?
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Thanks for the insight Bill. Can you cite a reference for the developments regarding Land Contracts circumventing foreclosure laws?
I'm realizing more and more that I'm looking for a private investor and institutional investors and brokers just aren't going to work..