Selling a note

I have a 200k, 12% compounded interest note due 6/08 that I am thinking about selling.

Can anybody please tell me how to sell it myself without involving 3rd parties?

Thanks a million :slight_smile:

Google note buyers…

    The sad part  is in today's society there is always going to be a third party. 

Remember the amount you get on the note is directly effected by the credit of the people that you are holding the note for and there payment history!

                                 Robb

the amount you get on the note is directly effected by the credit of the people that you are holding the note for and there payment history!<<<

Does this mean that Vescorp’s financial history will determine the amount I will get?

How do I find out what it’s really worth to someone?

You hold the note for a business?

Yes, I hold this note with Vescorp Capital.

Why? Is it considered odd to have it be a business?

No not really! Is it still backed by real estate?

Yes.

I’m thinking of selling this note because another investment opportunity is calling me :smiley:

I was going to do that as well with a few of mine then it dawned on me that note is an asset and I borrowed against that note!

Yes, I agree that a note like this is a great, solid asset but another deal came up.

And I don’t want to do this :banghead:

It was a difficult decision but I’m willing to take on a new risk.
I’m keeping my fingers crossed :fingersx:

Why don’t you borrow against the equity of the note?

This note is in my self-directed IRA.
I don’t see how I could do that if I need the entire 200k for my next note.

It has a higher interest rate with an option to renew every 120 days. I like the flexibility.

Borrow some more, huh?..hmmmm