You Must Pre-Register for this event! https://us02web.zoom.us/webinar/register/WN_jbz9MX0CS9SRJixRWGFpBA What in the world are we doing with notes? You want to be on this Intro Webinar!
Mike I ran across a note with the following characteristics: $2M purchase price …settlement was in April Down pymt: $100k $1.1M mtg $500k - seller financing (note). 7.5% Annual payments m. 1st pymt of $37,500 is due in April 2926. Balloon in 5 yrs Commercial property in Roanoke Va. 2415 Russell Avenue SW Roanoke VA 24015
It’s all about the discount! Imagine if she could buy debt at pennies on the dollar? We just bought a non-performing $63,000 mortgage for $15,120 or 24 cents on the dollar. How much do they owe us? $83,000 total.