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Updated almost 4 years ago,

User Stats

16
Posts
4
Votes
Anthony Minutoli
  • Investor
  • Corona, CA
4
Votes |
16
Posts

Buying Notes With Land As Collateral

Anthony Minutoli
  • Investor
  • Corona, CA
Posted

Good Evening Bigger Pockets Family, 

As I continue my venture deeper into the real estate realm.... I stumbled upon notes. Ran the numbers, and they are making more sense than some of these BRRRR deals and or Fix/Flips. One I currently came across is a NOTE deal that involves 7 acres of Land in Eastern Washington. I came across little information on Note investing and when you do it is vague. I saw a lot of information on NOTES tied to single family homes, apartments, and duplexes but none that have NOTES with LAND as collateral. The property is residential and would be great spot to build a forever home, but there is no permanent structure attached . Is there any difference between buying a PERFORMING NOTE with LAND attached instead of a PERFORMING NOTE with single family home, duplex, apartment , etc... attached? Any help, information or feedback would be appreciated. If you are experienced in this field even better. Thank you and have a good night.

Anthony Minutoli

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