Posted by John Behle on October 18, 1998 at 15:20:23:
An unsecured note can be sold - if you find a buyer - which isn’t likely. A more likely option would be to find an investor in your area to buy out your position and get the park owner to substitute liability (which might take some kind of bri… I mean incentive). Hoepfully it would be a good enough incentive just to have an equally capable local investor more capable of dealing with any problems, but they may not see it that way.
It may be a possibility for the park owner to buy out your position if he is in the paper biz - which he probably is. You could also look for other paper buyers or creators in this or another park to sell to.
I’d put it out here and on the other newsgroup and I’d bet you would get some leads. Email Lonnie and see if he knows someone in your area that might be a player - or take it to the chat room some night.