How much do mortgage notes buyers pay for owner financed notes?
I have been owner financing a motel for 12 years at 9.25 % and we are ready to cash out. They owe $ 300,000 and have never missed a payment. Does anyone know how much I might anticipate selling the note for? The property should value at $ 500,000 and we just want the $ 300,000 so we can buy another B&B. Anyone interested?