Is Buying later half of a partial note a scam for the buyer?

[Anthony Howell]

 I attended a meeting at my local REIA and they were talking about note investing. One strategy they mentioned was to sell a partial. But the way they described it made it seem like due to the time value of money if someone buys the last 10 years of a partial note with today's money, when they receive the payments the future value of the money will be disappointing.