12 Possibilities

A note is a written undertaking by one party (the writer or maker) to pay a specified sum of money to a named party (the payee) or to the bearer (holder) of the note, on demand or on a stated date.

12 Things You Can Do with A Note

  1. Hold for investment
  2. Hold in a tax free IRA
  3. Sell for cash
  4. Exchange for Real Estate
  5. Use as a down payment for real estate
  6. Use security for a loan
  7. Use to pre-pay a debt
  8. Use to make a gift
  9. Use to reduce taxable income
  10. Use to divide assets in a business or domestic settlement
  11. Note can be sold entirely or partially
  12. A note balloon balance can be sold partially or entirely