Posted by Tension on April 14, 1999 at 13:23:13:
Sandy, I’m still plugging away. Got it extended until May 10th. Called 3 lawyers about creating a note to sell. To creative for them. One told me I had to be selling the property to do it. I’m confused. If I have this thing figured out correctly, it would offer a 17% yield in 12 months. I’m just not comfortable writing it myself this first time. I also don’t know how to fund the HUD purchase with an investor buying a note on a property I haven’t closed on. I’ll keep searching though. Thanks for asking and thanks to all for the responses. Hope to post a success story when this is done. Marsha