Instead of selling and triggering taxes, I’m looking at staking or collateralizing part of it. 

For steady note flow, stack a few lanes: trade desks at small banks/credit unions and regional servicers, direct from creators via local REI meetups and Facebook groups, seasoned wholesalers who pivoted into notes, and vetted marketplaces that let you filter by performance, collateral, and pricing.

Quote from @Carl Stieler: I am in the process of applying for a DSCR loan for a long term rental property through my Checkbook LLC.The loan company I am working with wants me to fill out an application form where all of the questions are targeted on my credit, my info for collateral and my personal real estate situation.

I’ve reached out to over 20 lenders — everything from hard money to business credit lines — and most said “no” until my bankruptcy is discharged or four years past discharge.I’m not looking for personal loans or unsecured business cards — just realistic options for property acquisition or rehab loans where lenders focus on income, deal strength, or collateral value, not just credit history.If you’ve worked with any smaller or more flexible private lenders — even newer companies or individual investors — I’d really appreciate if you could share:Who they are (or at least what type of lender they are)What their approval terms were like (credit requirements, bankruptcy flexibility, etc.)What worked best when approaching them (structure, pitch, documentation, etc.)I know a lot of people in this community have rebuilt after tough seasons — any guidance or names would mean a lot.Thanks in advance for your insight and for helping someone who’s rebuilding the right way.

All to often we see the collateral poorly written or borrower not being properly underwritten with a possibility of having a judge recind the entire note of things go sideways.  

On the sell side, use a clean amortization schedule, specify which payment block you’re selling, set a minimum seasoning/credit box, and include a substitute collateral or buyback option if performance dips.

For 2025, I like a barbell: keep buying solid, cash‑flowing rentals you’d hold through rate swings, and allocate a slice to well‑underwritten, collateral‑backed notes.

Example stocks you plan to sale in the next 3 years might not be a good asset collateral for a 20 year term.2.  

It would be more ideal for us to find a buyer who can carry the builders loan vs us, but we have already talked to our bank about it and would be able to use a heloc to purchase land and then our current home for collateral.

Plus if the collateral has things such as borrower paying servicing fees, late fees, default rates etc.