This entry treats seller financing as a capital strategy, viewing the seller-held note as a financial asset to be created, held, or sold.
Log in to followI'm carrying paper on a duplex I own, buyer putting 12% down. The agent's line was that if the buyer stops paying I just take the house back, and that sounds far too simple to be…
A seller I've been talking with is carrying a $180k note at 9% on a house he just sold. Someone in another conversation told him his yield might be 11%, or might be 6%, depending.…
Deal in front of me is a $320k house, buyer bringing 10% down, so a $288k note. I intend to sell the note after roughly twelve months of payments rather than hold it. Two structur…
Numbers first. $200k sale, $20k down, $180k carried at 8%, 30 year amortization with a balloon at year five. Payment works out to about $1,320 a month and the balance at the ballo…
I renovated a house intending to sell outright, the scope ran over as usual, and now I'm considering carrying the paper instead of taking a thinner cash number. Something I don't…
I got a sample note-and-deed-of-trust package from a title company and read the whole thing. There are blanks for the late charge, the grace period, the default rate, and the ball…