Should I sell my note?

[Brad Dickinson]

I recently just sold my first deal using a wrap around mortgage. I owner financed the new note for 15 years. I am currently 2nd position lien holder but have a low pay off in comparison to the note. I have never sold a note or know much about them. Any info would be greatly appreciated! Here are the numbers below:

1st Lien

Purchase price: $60,000

Owed: $48,000

My interest rate: 0%

Monthly payment: $500

Years left: 8

2nd Lien (my note)

Financed amount: $185,000

Interest rate: 6.39%

Term: 15 years

Monthly payment: $1600

Time left: 14 years 10 months

Total P&I once matured: $288,000