Selling a note on property that I own??

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Posted by Ray on October 29, 2001 at 10:08:49:

Is it a possibility to create a note on property that I own free and clear then sell it??? I was thinking of creating a note at 65 to 70% LTV Interest only for 5 years. The property has already been repaired and apraised. My credit is good.

Is this a possiblity or am I better off refinancing??

My exit for the property would be to sell on a Lease option.

Thanks for the help.
Ray

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