Canadian Notes
Some advice needed from experience note sellers in Canada. Has anyone ever sold a note in Canada with the basic characteristics of the following. I don't really want to create thisw if I can't sell it fast.
3 unit all 2 bdrms
2 story 2 1/2 car garage
Appraised @ 45,000
Sold for 35k
Buyer put 3k down
Note is for 32,000
8% amort 25 years
Balloon in 5
Since the note isn't created yet, I can change a few things around to make it more attractive.
Thoughts?
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