Most Friendly States For Creating CFD & Notes

[Reggie Smith]

Hi I'm looking to use my experience in finding off market properties to purchase and sell with owner financing. I have a buddy who has been buying and selling with owner finance for 10+ years, so I have a pretty good understanding of things but he is a little loose on some things,I don't know if it's in part to the fact that he holds most of the CFD's that he creates, so he doesn't take the buyers thru MLO and usually the down payments are pretty small. If he sells,it's typically a partial and it's to someone in his network,which is just a small group of guys in silicon valley. So for me I'm looking to hold some notes,but there will be times to where I will be looking to sell some notes to buy more properties and create more notes. So my thought process is if I want to sell a note,I need to be buying properties in states that are note friendly. Any suggestions? Thanks!