Who buys balloon payments on 2nd notes (lump or payments)?

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Posted by Jeffrey D Smith on November 30, 2005 at 13:28:36:
I want to create a 2nd position note with a balloon due in 3 years. I want to sell the balloon for either a lump sum or for monthly payments.
The debtor will have 5% equity in the house.
What institutional note buyers or private investors would buy the balloon like this?

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Re: Who buys balloon payments on 2nd notes (lump or payments)? Selina 13:51:28 2/28/2007 (0)

Throw-Away 2nd?! David Butler 20:04:26 12/01/2005 (0)

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