Posted by John Corey on March 22, 2006 at 05:25:38:
My experience is that most banks will not touch such a deal. They do not get it or just decided to not lend on such collateral.
You can look for a HELOC if you have equity in your home. The margin could be very good.
If you have a 401K you can get a loan there (if the company offers that option) or have your IRA buy the note. Both assume you have the cash in a retirement account.