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Updated about 7 years ago,
Investing in Promissory Notes - Strategic Legacy Group
Hi BP,
I came across this company (link below) while looking for some lower risk investments. They are promising 6%-9% on promissory notes backed by their RE projects and it looks a little too good to be true. Does anyone have any insight on this business model? It theoretically makes sense if their holdings are delivering returns as high as they claim. I'm new to investing in debt but what should I be on the lookout for? I don't think they are registered with the SEC and am not 100% sure how the note would be structured. If this should be posted in another forum, let me know.
Thanks in advance.