Eric Scharaga
Founder, Damen Capital Fund
Private lender and direct land note buyer serving land investors nationwide. Featured on REtipster, Legends of Land, and Land Investing Online. LinkedIn →
Enter your note details below and see the cash range a direct land note buyer would offer today. No email required, no obligation.
This is an estimate based on typical pricing. Your exact written offer comes within 24 hours.
*All bids are subject to property review and valuation and document review.
Note buyers price by yield, not by guesswork. We take your monthly payment stream and calculate what we can pay today to earn our target return over the remaining term. That is why three things move your offer more than anything else: the buyer's down payment, the interest rate on the note, and the years remaining.
Want the number before you ever create the note? Structure your sale with 20%+ down at 10.9% interest on an 8 year term and your note will price near the top of the range. Our seller financing program shows exactly how to set up the deal, and we buy the note the day you close.
Note buyers price notes by yield. We calculate the monthly payment from your balance, interest rate, and remaining term, then price the payment stream to earn a target return. Stronger down payments and higher interest rates mean higher offers.
The final number depends on the property, its value, and the payment history, which a calculator cannot see. The range shows where a bid typically lands. Submit your note details and you get an exact written offer within 24 hours.
Three things move the price most: a bigger buyer down payment, a higher interest rate, and a shorter remaining term. A note with 30% down and a 10.9% rate prices far better than one with 10% down at 8%.
Yes. Notes with missed payments typically price at 50 to 65% of balance depending on the property and how far behind the payer is.
Yes. Minimum $25,000 remaining balance, minimum $50,000 property value, and minimum $10,000 buyer down payment. We do not purchase notes in California, New York, New Jersey, Pennsylvania, or Maryland.
Written offer in 24 hours. 7-day closings. No broker fees.
Private lender and direct land note buyer serving land investors nationwide. Featured on REtipster, Legends of Land, and Land Investing Online. LinkedIn →