Buying Notes Without LLC or IRA

[Cammie Lewis]

Hi everyone,

My name is Cammie and I'm trying to start my note investing journey. My wife and I plan on investing at 20-25k to buy a note or two each year. 

I hear a lot about people using IRA accounts and businesses to buy notes but I dont necessarily want to use every note for retirement and starting a business would cost an extra $800 a year for us (California residents).

Does anyone have advice on whether I should (or can) buy notes in my own name? I know that would put all the liability on us personally but we dont have many assets to protect right now I think it's a low probably that we will be sued or anything like that . 

Or is there a better strategy we should research?

Thanks!