Real Estate Investing in Notes / private lending

[Christophe Noualhat]

Hello everyone, this is Christophe from Madagascar the land of lemurs...

I have stumbled by accident on an ad from @Christopher Winkler advertising his business deals in Notes and shot him an email with half a million newbie questions... 

My understanding is that his company buys back mortgages (from banks ?), gets an arrangement with the borrower and once the borrower starts paying on a regular basis (seems after 10 months), sells them back to investors... 

The ROI and the fact that you dont actually own all of the hassles related to maintaining a real asset seem very interesting... almost too good to be true !!

So my questions to the community are:

- who has done business either with Silverwood or a similar company ? Who is a private lender and how is it working out ? 

- what are the pros/cons and risks (SWAT analysis anyone ?) or such investments ?

- As this is not Real Estate per say (seems closer to banking business) and you never own a house, how is this taxed and what is the best set up for such an investment ?

- Are there any other question I should be asking that I dont know about ?

Many thanks everyone reading this and best regards from Lemurland !!

Christophe.