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Updated over 4 years ago on 02/16/2021. Most recent reply

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Posts: 115
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Reginald RossPoster

Rental Property Investor
Gulf Shores, AL

Tax Liens & Mortgage Notes

Selling a Junior Note

Reginald RossPoster

Rental Property Investor
Gulf Shores, AL

Posted February 14, 2021 09:01

I’ll be holding a $332,000 junior note that will result from a real estate sale next month. The first payment isn’t due to me until March 1st, 2026.

Is there a market for junior notes of this nature?

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Chris Seveney

Investor
Virginia

Chris Seveney

Investor
Virginia

ModeratorReplied February 14, 2021 09:36

@Reginald Ross

Possibly

Only way to determine is to try and sell and see what happens. It would most likely be heavily discounted even if it was a balloon as someone’s investment will not collect a penny for five years.