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Updated over 9 years ago,
Should I Seller finance then sell the note?
I have a house worth somewhere around 140-160 in a great neighborhood. I definitely want it sold. I need the cash to continue investing.
So far I have no active people interested in purchasing it through a lender. I do however have a couple people interested in buying it through seller financing. They want something like 10% down and 5-6% interest over 30 years. I was reading a little on note investing and am not sure how feasible it is. Should I sell it owner financing and then try to sell the note to liquidate my equity? Do note investors want to buy notes like these or just non performing notes at a discount?