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Updated about 5 years ago on . Most recent reply
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Note Purchase in eastern Oregon
I've been asked by a relative in Oregon to find out about selling a note for about $100K on a manufactured home (double wide) on 1.2 acres in Irrigon, Oregon. The tenant misses 2 to 4 payments a year or makes partial payments, so it's under performing. Interest is 5.25% and the note has 10 years left on it. Property is rising in value in this area due to Amazon's expanding data center a couple miles away.
If you know someone in the area who might be interested in this, please let me know.
Thanks