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1st and only position Texas note
I sold 1.90 acres to this individual for $15,900 plus $500 in closing costs. He put Down $1500.00 and I took back a note for $14,900.00 at 10% int for 36 months, no balloon payment. He has made 11 payments so far. I recently helped him get the land clear so he can start building his home soon. I am selling this note and a couple others to raise funds for another tract I am wanting to purchase. He owes me $10,730.63 and I will sell the note for $10,000.00 Both the deed and deed of trust are recorded at the county courthouse. These are through my IRA. Please call with any questions. Payment history available on all my notes
51% CLTV; Refi of an O/O SFR
California
Our borrower, with strong credit scores, used the proceeds of our mortgage loan against his home and...
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Price:$7.5M
UPB%:100%
Rate:9%
LTV:79%
YTM:N/A
42% LTV; Bus. Purpose C/O
California
Our borrower, used the proceeds of our low loan-to-value mortgage loans to inject working capital...
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Price:$365k
UPB%:100%
Rate:7%
LTV:42%
YTM:N/A
65% LTV; Cash-Out Refi of a
California
Our borrower used the proceeds of our mortgage loan against her home to inject working capital into...
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Price:$256k
UPB%:100%
Rate:9%
LTV:65%
YTM:N/A
70% LTV; Cash-Out Refi of a
California
Our borrower used the proceeds of our mortgage loan against his home to inject working capital into...
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Price:$626k
UPB%:100%
Rate:9%
LTV:70%
YTM:N/A
We are in need of some
West
Open to both debt and equity investments; Preference for (but not exclusive to) urban infill locations; value-add element; 20%+ IRR on 5yr...
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