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Updated about 6 years ago on . Most recent reply

User Stats

136
Posts
101
Votes
Ahmad H.
  • Rental Property Investor
  • New York, NY
101
Votes |
136
Posts

What is this note worth and how to sell it?

Ahmad H.
  • Rental Property Investor
  • New York, NY
Posted

Hi All,

I am in the process of selling a property where I will be holding the note for 280k (15yr term, 10%, 5yr balloon).  The property is worth 380k and I am getting 100k down from buyer. 10% return is nice on the 280k but I'd like to have a way to liquidate that note for another purchase if needed.

What would this note be worth? How to go about selling it? 

Most Popular Reply

User Stats

528
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226
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Logan Hassinger
  • Specialist
  • Fort Worth, TX
226
Votes |
528
Posts
Logan Hassinger
  • Specialist
  • Fort Worth, TX
Replied

@Ahmad H.

You will be looking at a value at 90% to Par based on the Unpaid Principle Balance. 

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