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TITLE:
Note as a down payment on your property
TYPE:
To be created
FILE DOWNLOADS:
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CONTROL:
Owner
PRICE:
$200,000
FACE VALUE:
$200,000
BALANCE OWING:
$200,000
MONTHLY PAYMENT:
$1,667
ANNUAL PAYMENT:
$20,004
INTEREST RATE:
10.00%
ORIGINATION DATE OF NOTE:
Aug 1, 2023
MATURITY DATE OF NOTE:
Jul 31, 2033
HAVE:
Equity portfolio consisting of SFHs, notes, and cash
CAN ADD:
Similar Note for $50k, $100k, or $200k
REMARKS:
Can provide any property Free & Clear.
Can do lease buyback.
NOTE COLLATERAL INFORMATION
TYPE OF COLLATERAL:
Home
LOCATION:
Charleston, South Carolina
RECORDED LIEN POSITION:
1st
INSTRUMENT OF SECURITY:
Mortgage
PERSONAL GUARANTEE?
Yes
COLLATERAL VALUE:
$360,000
COLLATERAL ANNUAL EXPENSES:
$6,000
COLLATERAL NOI:
$18,000
COUNSELOR:
Klaus Pless
DHP Real Estate
2123 Old Spartanburg Rd, Suite 184
Greer,
South Carolina,
29650
