Will I Be Able To Sell The Loan

5 star · #1 (**permalink**) 12-03-2007, 11:04 PM

Im Selling A Commercial Property Worth 630000. If I Whole Sale The Note, I Should Expect To Discount It 8%?the Buyers Scores Are 720 And Wife 740.the Note Is 12.5%, 7000 Payment,for Around 12 Years.should The Ltv Be 85%?there Is A Second Note For 70000 For The Assets.how Hard Is The Second Note To Sell?what May Be The Discount Be On The Second(15to25%)?the Buyer Has Alot Of Trade Lines And Has Owned And Been In The Same Field Of Business For 10 Years. Should The Note Be Seasoned And For How Long?

Greg · #2 (**permalink**) 12-05-2007, 10:09 AM

Sell the loan to the customer?

5 star · #3 (**permalink**) 12-05-2007, 07:09 PM

I Dont Have A Buyer For The Loan.does The Loan Scenario Sound Good?there Is A Cash Buyer For 125k Less. Take The Cash Or Hold The Mortgage Then Mabe Try To Sell It ?

5 star · #4 (**permalink**) 12-06-2007, 03:18 PM

Quote:

Originally Posted by 5 star

I Dont Have A Buyer For The Loan.does The Loan Scenario Sound Good?there Is A Cash Buyer For 125k Less. Take The Cash Or Hold The Mortgage Then Mabe Try To Sell It ?

no help thanks