Tax Liens & Mortgage Notes
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago, 07/08/2021
Best states for buying first performing/non-performing notes?
I've really been enjoying @Chris Seveney's Good Deeds Note Investing podcast. One thing I learned is that simply to own a note originated in certain states, you might need to be a licensed loan originator and/or debt collector.
I'm looking to get into note investing, and am hoping to identify the ideal state to get started. Presumably I'm looking for a non-judicial state without any licensing requirements. Any suggestions for a state to buy my first performing? How about non-performing?
Thanks in advance for any advice!