Brokering newly created seller finance notes
Every post I see here about buying partials on notes only involves the front end whole payments. Are there many brokers here who assign fractional payments? Either front end, whole term, or tails? What I'm specifically looking for is to take a tail end partial split, and a smaller brokering fee.
Specifically, I look for homeowners who have lived in the same house for many years. The rare people who are not in the habit of refinancing every few years, and have built up substantial equity and looking forward to selling, are whom I seek out. I believe that there are many out there who could benefit greatly from using seller finance the *right* way.
I am presently seeking deals in the northern suburban area of Minneapolis.