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Updated 9 months ago, 02/27/2024
Selling partials with wrap
Howdy,
I do owner finance and am dipping my toe in selling off partials, simply to grow the business. My question is, how are investors floating their wrap payment after selling off a partial note? I assumed that most note buyers would have an option to split monthly payments and my half would cover my wrap, however I have yet to find note buyers familiar with a strategy like that. They all want to simply buy a certain number of full payments and then revert them back to me once their duration is fulfilled. Any advice on how others are succeeding at this would be greatly appreciated.