Re: Brokering Timeshare carrybacks

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Posted by John Behle on October 27, 2002 at 12:10:10:

In Reply to: Brokering Timeshare carrybacks posted by Richarde on October 25, 2002 at 01:40:50:

I'm not aware of any nation investors that do timeshare paper, but I'm not the best source to ask as I don't broker notes nationally.

Small local institutions or private investors are the best source for timeshare paper. I had a friend a few years back buying a million dollars a month in timeshare paper in Hawaii. Most of the funds were coming from small investors and their self directed IRA's. He had a financial planner helping to raise the funds.

So, as far as brokering the notes, the odds are strong against finding any national investors. You have a better bet with small institutions, corporate pension funds, or private investors.

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