I show how to calculate the rate of return from buying low and selling high on a note in a land deal that was suggested by Chris. In this example, Chris pays $2,500 for a piece of land and sells it for $5,000. The buyer has a $1,000 down payment and will pay the balance over 36 months (3 years) with 8% interest. What is Chris' rate of return on this investment? Hint: It's similar to a Lonnie Deal.
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That's a sweet deal!
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