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Updated over 4 years ago,

Jack Smith's profile image
Jack Smith's profile image
Jack Smith
Pro Member
  • Rental Property Investor
  • from Massillon, OH
  • Member since Aug 30, 2017
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User Stats

204
Posts
165
Votes
Jack Smith's profile image
Jack Smith's profile image
Jack Smith
Pro Member
  • Rental Property Investor
  • from Massillon, OH
  • Member since Aug 30, 2017
Connect
Jack Smith
Pro Member
  • Rental Property Investor
  • Massillon, OH
165
Votes |
204
Posts
Tax Liens & Mortgage Notes

Negotiating on a note to sell...

Jack Smith
Pro Member
  • Rental Property Investor
  • Massillon, OH
Posted

I am negotiation on a property with sellers to create a note for $70k, 5% interest on a 30 yr amm, 10 year balloon. Property is a duplex in NE Ohio. Needs about $15k in repairs I will be doing this fall. After repair monthly revenue will be $1400, ARV will be about $120k.

Is this a note buyers would be interested in?  

  • Jack Smith
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