Mortgage Note @ 11.75% Secured

[hentley_ventures]

Hi everyone

Just thought I would pass this one on. I have a family member that will be selling a mortgage note and thought some of you may be interested. Here's the scoop:

* Face value of note is $109,000, but willing to sell for $90,000.
* Pays interest and principal of approx. $1,700.00 month.
* Yield to maturity = 11.25% on $90,000 sale
* Security and collateral as follows:
* Secured against assets of a Hardware business
* Secured against approx. $70,000 equity second mortgage (business owners house)
* Personal guarantee from the seller.

PM me if anyone is interested. All offers will be considered.

Regards

Phil

[hentley_ventures]

Hi everyone

Just thought I would pass this one on. I have a family member that will be selling a mortgage note and thought some of you may be interested. Here's the scoop:

* Face value of note is $109,000, but willing to sell for $90,000.
* Pays interest and principal of approx. $1,700.00 month.
* Yield to maturity = 11.25% on $90,000 sale
* Security and collateral as follows:
* Secured against assets of a Hardware business
* Secured against approx. $70,000 equity second mortgage (business owners house)
* Personal guarantee from the seller.

PM me if anyone is interested. All offers will be considered.

Regards

Phil

Just found a buyer, thanks for all the interest.

Regards

Phil

thread closed....