Selling Seller Financed Notes

[Cameron Ellis]

Is it possible to sell seller financed notes? If so, who would be the buyer of the note and what are the standard guidelines one looks for? i understand this is something a lot of investors do in the Houston market but would in work in other markets such as Memphis? 

[Joseph Ball]

A note buyer may not be comfortable with your assurances that payments were made on time. Even bank statements can be manipulated. Third party servicers give an added measure of security.

You can furnish all of these conditions or none. The more you supply, the lower your discount may be. 70% to 75% of loan balance after 2-3 months may not be a reasonable expectation. Much depends upon how many conditions you can meet.

i think it is often preferable to sell a portion of an income stream, rather than all of it.