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Topic: Real Estate Loan:Contract For Deed (Read 1590 times)

newbie
Activity: 2
Merit: 0
March 12, 2014, 09:42:58 PM
#1
Bitcoin Loan Needed:

Contract for Deed for owner occupied Duplex in the Minneapolis Lakes area. I will live in this Duplex as I rehab it, and hold until I take out a mortgage to repay investor.  I can repay in Bitcoin or USD.

Investor would be primary lienholder on property until note is satisfied.  Promissory note included.  If I default on the loan repayment terms, investor takes property.
2-5 year note
No prepayment penalty
6% Interest (negotiable)
$315,000USD

I am also a licensed Minnesota Real Estate Broker and willing to help buyers purchase property in Minnesota using Bitcoin.
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