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Updated almost 8 years ago,

Yan Kang's profile image
Yan Kang's profile image
Yan Kang
  • Homeowner
  • from Plain City, OH
  • Member since Jul 30, 2016
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17
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0
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Yan Kang's profile image
Yan Kang's profile image
Yan Kang
  • Homeowner
  • from Plain City, OH
  • Member since Jul 30, 2016
Connect
Yan Kang
  • Homeowner
  • Plain City, OH
0
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17
Posts
Tax Liens & Mortgage Notes

Is Promissory Note for rehab a feasible investment vehicle?

Yan Kang
  • Homeowner
  • Plain City, OH
Posted

Hi there, this is Yan. I am wondering if a Promissory Note between individuals (one lends to another via a Promissory Note) a reasonably safe way to invest. How to ganrranttee the fund is paid back? Will a Promissory Note secured by a collateral like Mortgage be safe enough? Please advise. Any inputs are appreciated. Thanks. Yan

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