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I am interested in the below property. Send them my property page Send Property

41 Notes - Land Contract @ 10%

Property Type: Personal Property - Notes / Paper

Last Updated: 5/4/2010 6:56:40 PM EST
Property # 23920

Location:

Florida USA

View Address On Mapquest

Value:
Loans:
Equity:

$1,065,630
$0
$1,065,630

Property Description:
These are Land Contracts where you hold the deed until the note is paid off. Average interest in rate is 10+%. Face value of note is typically 75 -80% LTV - physical support for all payments rec'd.
Benefits to New Owner:
Simply said Cashflow

Annual Income & Expense
	Per/Year	% of G.I.	Projected/Year
Gross Operating Income	$150,000	100%
Operating Expenses (-)	$0	0%
Net Operating Income (=)	$150,000	100%
Loan Payments (-)	$0	0%
CASH FLOW (=)	$150,000	100%

Additional Income & Expense Comments

Pmts are currently mailed or are deposited directly into bank account. Payment history is generally 12 months or greater. Buyer will pay any and all closing fees except document preparation.

Loans

No information found.

Additional Information Available Upon Request

No Appraisal available at this time

Notes & Trust Deeds

Other: Land Contracts

Can Adds

No Can Add information found.

Click to view Other parties that may want what you have based on a computer match from the property records data

Owner's Profile
Occupation Investor Name Please Sign In or Register to view owner information.
Why Owner No Longer Wishes to Own This Property
Want to raise cash from an exchange

Will Consider Exchanging For

Land: Commercial, Farm / Ranch, Industrial, Leased, Mixed Use, Multifamily, Residential, Subdivision, Timberland, Other
Personal Property: Cash

U.S. Locations
Map
States/Regions:

Regions: 'WEST', 'SOUTHWEST', 'MIDWEST', 'SOUTHEAST', 'NORTHEAST'

Owner Will Exchange for Additional Comments
Discount Face value 20% for Cash

Property Represented By

Click Here to contact the Owner or Agent representing this property.

REE.com Inc. has not verified the above property information and therefore does not guarantee or warranty any information contained herein. It is your responsibility to seek independent assistance for legal, tax, financial and physical inspections. All information submitted is subject to errors, omissions, change of price/value, withdrawal and to any special listing conditions imposed by the principals.