I have a mortgage note for sale. I can sell the 1st Lien, or a combo of 1st & 2nd.
Loan Balance: $61,575 @ 9.5% interest, amortized over 15 years
1st Lien: $54,075
2nd Lien: $7,500
Will sell 1st Lien for $52,545.81 for a 10% Yield - $564.66 cash flow per month (P&I)
Will sell 1st & 2nd for $59,834.07 for a 10% Yield - $642.98 cash flow per month (P&I)
Stuart Grazier
grazierinvest@gmail.com
