Posted by Marvin Seawood on January 06, 1999 at 22:24:29:
…because you have said two different things in two
The good news is that you’ve done the difficult part.
The better news is that all you have to do now is take
your agreements to someone (friendly and helpful) who
handles real estate transaction closings in your area.
My guess is that you are collecting a fee from your
friend. Pam’s inquiry is the same as I might have made;
(Out Of Curiosity) If your are buying the cashflow and
letting your friend finance the purchase - much better scenario - what plans do you have to improve the note?