Here is an example of a loan we have: The PML cashed out an annuity worth 127k.

Houston Pitts the financial formula for valuing an annuity is somewhat complicated.

But you can make a note do anything you need to do as an annuity payment over time to solve a variety of issues.

....Because he's holding on security paper, that note is a financial tool - annuity More of that, he has very good terms and collateral just increased the value.It might be no trading for such paper because it's a private deal, but it definitely worth more than he paid for it.Especially, that he doesn't have to sell 

I have an arrangement with my mother-in-law where we basically created an annuity where she gets paid a monthly check based on an agreed on percentage.

Each approach has different considerations as to the secured collateral, ability of the borrower to pay, collateral value, default risks and the annuity streams will have different values.

Cash flowing and 20% up in equity.Reit and Other 1) Fundrise: Around 50k invested in equity and debt investment funds2) Variable Annuity: 25k in vanguard reit index

The DST Trained and Approved Trustee may invest in REIT’s, bonds, annuities, securities or other “prudent investments” that are suitable to help assure the Trustee’s performance in repaying the Seller/Taxpayer pursuant to the held installment sales note.

Meanwhile, I just closed a refinance for someone that purchased the place using seller financing, and that old seller/lender didn't want out of what was for them an annuity / retirement plan paying a steady 7%!

@Doug Spence "no one ever makes any money anyway" - guy who let his brother in law put him into an annuity that made 2% YoY"I don't do it because I heard tenants tear up your house" - guy stockpiling for the apocalypse"You're like a transient that never lives in a house for long.