Has anyone ever sold the note before?
Let say that your having a tough time selling a certain property for cash but you sell a property under contract (terms)…package up that deal and sell the note to get your cash price .
Ex: Your trying to sell the property for $5k cash but your only getting interested people at $8k on terms.Once the property is under contract, sell this particular property at the terms price than sell the contract to a investor to get your $5k cash price.
Has anyone ever done this? If so, What are the pros & cons to this?
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