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Updated over 12 years ago,
Is $25k too small to do anything in notes?
I'm just beginning to learn about notes...high quality notes, non-performing 2nds, etc.
Is $25k too small to do anything in notes? I'm thinking of doing this rather than putting it as a down payment on another rental property. (Cash flow on the rental would be about $425 per mo.)
I have other funds available if I liquidated stocks but right now I want to get my feet wet.
If $25k is not too small, what would you buy and where do you find someone willing to sell to you?