Owner financing / seller carry question

[Robert Tolnai]

Hello, 

So we sold one of our properties via seller carry terms for 5 years, it was free & clear (there are no loans on it). So now the deed is in the new owner/buyer's name, we have a note for the balance that he pays us, all great so far. 

BUT, what if we want to get our money out of this property sooner?  do we have any way of doing that?  do we have any right to go to a bank and get a loan against this note that we have?  

Thank you 

[Chris Seveney]

@Pablo Pereyra

Typically a bank won’t touch a. One off

Best to look to sell on secondary market - expect to sell it for investor to earn 8-12% return