creating and selling my own notes

[ANTHONY G]

i currently own several 3 family rental properties in newark new jersey my average value is $355,000 i have some worth more and some worth less but im looking to sell these with $30,000 down and carry a wrap around of $300,000 and of course sell the $300,000 mortgage off asap 

any advice on how to do this? 

[Wayne Brooks]

You’ll net more just selling them outright. You’ll take a huge discount on the notes. If they actually are “wrap mtgs” where you have an existing loan you are wrapping into a larger note, I can’t see anyone touching them at all.