Posted by Michael Morrongiello on March 04, 2001 at 20:27:22:
Most not all note funders will purchase your seller financed paper without recourse (I know we do). We will look primarily to the property and the debtor for repayment NOT to the note seller. So you may have been misinformed or mislead. There are a few investors who will want you to provide RECOURSE, however you are not obligated to go with them as funders.
To your success,