@Lee Kamkar thanks! Since the buyer is an investor looking to make margin on the rent the higher interest he couldn’t bear. Appreciate all the feedback!! I’m Learning the game!!
Im guessing if there is a 2% interest rate on a seller fin. note, the buyer must be high risk, either w bad credit or some other reason. even if the note has really good seasoning, decent equity, and a high monthly payment, is that a stay away for someone looking for good c.flow like myself? I think i meant 2% yield. oops not interest rate.
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