Investment — not a stay

Terrell

105 Terrell Drive, San Antonio, TX

A seller-financed note, performing since 2022. Not a stay — this one pays monthly instead.

Terms

Instrument

Seller-financed promissory note

Note balance

$163,000

Interest rate

9%

Monthly income

$1,549.68

Performing since

February 2022

Why a note

Seller financing turned a small cash purchase into monthly income without the operating overhead of a rental. It is the quietest position in the portfolio and it has paid on schedule since February 2022.