Owner Financing- Notes

[Marque Toliver]

Hi BiggerPockets Community,

Recently a family member approached me about selling a property note for a property that he owner financed a few months back. I have never done that before, I am a Realtor and was hoping that my broker could assist me in the transaction. Unfortunately, he could not provide me with much information because he haven't done too many of them himself. I do have the following questions, but please feel free to add any information that you feel is important. Any help would be greatly appreciated.

1. How do I calculate what the price point should be to sell?

2. Best place to sell notes?

3. How does selling notes differ from other transactions?

4. What materials are needed in the transaction?

5. What are the things I should pay close attention to doing the transaction?