Finding A Note Buyer

[Eric Giovannucci]

Hello All, 

I have successfully found a buyer for my owner financed home in El Paso, Texas. This was a great way to move the property quickly. However, I am considering selling the note as soon as we close, there is a very small gap between what I owe, and what I hold on the note. Therefor, I believe it would be in my best interest to sell the note. Where should I look to find someone to purchase this note from me? 

[Wayne Brooks]

Expect to take a pretty good discount, depending on if the loan was properly underwritten/executed, LTV, buyer's credit history, etc., especially without a 6-12 month payment history.