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Updated over 13 years ago,

User Stats

11
Posts
2
Votes
Alisha Lee
  • Real Estate Investor
  • Auburn, CA
2
Votes |
11
Posts

Real Estate Note Advice Wanted

Alisha Lee
  • Real Estate Investor
  • Auburn, CA
Posted

Hi-

I'm a newbie in note investing...but have a situation that I'm trying to resolve with 3 of my real estate properties.

Here it is: I bought 3 residential properties in NY 5 years ago and the seller carried the note. Now, the five years is up and I'm looking for a way to pay off the original seller as I want to keep these properties. I have 9 other mortgages so banks don't want to do a refinance even though I have good credit. I want to continue to own these properties but am looking for an investor who wants to get note payments over the next 5-7 years. Any suggestions on where I should look for someone to carry the note and pay off the original seller in full?

All suggestions would be greatly appreciated!
Thanks!

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