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Updated almost 5 years ago, 12/18/2019

User Stats

174
Posts
157
Votes
Dustin Mathenia
Pro Member
  • Flipper/Rehabber
  • Dallas, TX
157
Votes |
174
Posts

How to sell a note? Paper

Dustin Mathenia
Pro Member
  • Flipper/Rehabber
  • Dallas, TX
Posted

So I want to start creating my own notes. I have a plan to buy a sfr maybe fix a little and sell with seller financing. An example note would look like this:

90k note 20year term with 9.25%

Home value 110k

Seasoned for 12 months

Note will be professionally managed by 3rd party

Note created with proffesional RMLO

So what should I expect when selling this kind of note ?

Where would I start looking for note buyers ?

Or could I take this note to a bank as collateral for a loan to pay myself or private lender back ?

  • Dustin Mathenia
  • Loading replies...