The Best Note

Cash 4 Promissory Notes - Suggested Note Structures

Below are suggestions to propertie sellers on how to structure their promissory note. This way when they decide to sell the note, they will get the least amount of discount and the highest possible pay price for a Full Purchase option. These ARE NOT minimum requirements, just what we would like to see so that we can give you the best possible price. Anything less appealing will result in a bigger discount and a lower pay price. We will still buy notes that are not within these suggestions but the discount will just be greater.

Residential Property (SFR, Condo)
 - 10% CASH Down Payment (non owner occupied is 15%+)
 - 9% Interest Rate or higher
 - 30 Year Amortization
 - 7 Year Balloon
 - 650 Buyer Credit Score or higher (non owner occupied is 675+)
 - Minimum 1 Month of Seasoning

Commercial Property and Mobile Homes w/ Land
 - 20-30% CASH Down Payment
 - 11 % Interest Rate or higher
 - 30 Year Amortization
 - 7 Year Balloon
 - 675 Buyer Credit Score or higher
 - Minimum 1 Month of Seasoning

Land Property
 - 30-50% CASH Down Payment
 - 12% Interest Rate or higher
 - 30 Year Amortization
 - 7 Year Balloon
 - 675 Buyer Credit Score or higher
 - Minimum 1 Month of Seasoning

Business Notes
Unlike property, notes on Businesses do have minimum requirements. If a business note does not AT LEAST meet the following requirements then do not waste your time.
 - 30%+ CASH Down Payment
 - 12% Interest Rate or higher
 - Fully Amortized
 - No Balloons
 - Minimum 650 Buyer Credit Score
 - Personally Signed for / Guaranteed - Minimum 6 Months of Seasoning

Car Notes
 - $1000-$1500 Down payment  preferred but not required

 - 20% Interest rate or higher

 - 24 months or less fully amortizing

 - No Balloon
 - We expect sub-prime credit

 - prefer payers over 20

 - less than 125,000 miles
 - 10 years old or newer

 - Minimum 1 Month of Seasoning