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School Me on Selling Property Owner Finance
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03-25-2012, 12:41 AM
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derty
Join Date
Oct 2005
Posts
647
Senior Member
Do you know what green toilet paper will be worth in 5 or 10 years? I don't. If I ever carry a note again I'll do what I did a couple times in the past. Give them a balloon note. Interest rate and amortization can be whatever you negotiate, but they have to pay it off in full in 2 or 3 years. If they don't you take it back.
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