I have 17 properties (in Memphis, TN) with notes that I may be open to selling.

[James Wachob]

Over the years I've run across opportunities to create notes as a creative solution to closing a deal. A few are to owner occupants and others are to OOS investors I work with. I've never had a late payment and it's extremely passive. 

My questions are:

1. What is the best way to meet "note buyers"? 

2. How would you price the notes individually or as a package?

3. Do you discount the amount owned? 

For example:

$80,000 property value

$60,000 note value @ 5% interest for the next 60 months.

How would the notes be valued by a note investor?

[David Hutson]

I agree with @Randy Rodenhouse.  We have people who carry notes here in town.  MIG has a handful of members that I'm aware of.  I don't think many people, myself included, would want to assume the notes halfway through the term without a discount.

I think attending networking events here in town would lead you to some investors.  Selling them individually or in a package would depend on the buyers.  I don't think there is one answer.  It would depend more on the amount and how much money they have.