An exit strategy with notes?

[Patrick Britton]

Just wondering if I am thinking about note investing correctly.  I understand there are multiple exit strategies but to keep things simple, is it possible to do the following:

1. buy a performing note at some sort of discount to fair market and UPB and generate 12% ROI

2.  sell that note to another investor needing only 8% ROI

3.  profit from the difference in purchase price less sales price

thanks!