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Carll Burr's Discussions
Performing notes for sale, secured by deeds on SFD
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Over the past three years we have purchased approximately 1,000 single family homes. After securing and inspecting, we price the properties using the rental metric to establish value. We have sold…Continue
Started this discussion. Last reply by Carll Burr Jan 9, 2011.
Carll Burr's Page
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- Location (City, State) (Province, Country)
- Northport NY USA
- A Bit About Me
- principal in various real estate ventures
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- What Do You Offer
- Over the past three years, we have purchased approximately 1,000 homes, and sold them directly to buyers. We have provided the financing, and have serviced all of the loans. We now are going to sell mature notes secured by SFD. Average interest rate 11.5%, face value approximately $27,000, remain term 10-15 years. Payment history for each note available. We will sell portfolios from $250,000, to $5,000,000.
Sales are land contracts so we have the deeds to all properties.
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