The Deal List
If you are selling within the Active Core you can sell up to 100% of fair market value with an owner carry second to Elliott or another 'holding' dealmaker. To do this, you must carry a second position note not less than 20% of fair market value or appraisal. This will allow rehabbers to sell homes quickly while keeping equity value. All seconds are to carry a 2 year stop minimum with an interest only payment not exceeding 5% amortized over 30 years.
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