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Updated over 7 years ago on . Most recent reply

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16
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Rick Meloni
  • Real Estate Investor
  • Niles, OH
4
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16
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1st Position Note Fund for sophisticated investor

Rick Meloni
  • Real Estate Investor
  • Niles, OH
Posted

Still looking for more suggestion on a note fund that invest in primarily first positions and offers a monthly or quarterly return from day one for a sophisticated investor prefer 2yr  or less tie up commitment ( if all goes well of course I would extend) with an entry dollar amount around $25-50K.

pm me if you like... 

Thanks Again

Most Popular Reply

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2,380
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1,110
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Bob E.
  • Queen Creek, AZ
1,110
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2,380
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Bob E.
  • Queen Creek, AZ
Replied

The other alternative is to buy an entitlement on an existing note.  Buy 5 years of payments, on two notes for 20k each and @ month 25 you should have enough for 3rd note.  The fourth one kicks in @ month 41, and the 5th one @ month 53.  At month 60 the first two fall off but by month 64 you should be adding again. 

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