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Updated about 4 years ago,

User Stats

17
Posts
7
Votes
Michael Terry
7
Votes |
17
Posts

Ready to Invest in Mortgage Notes

Michael Terry
Posted

Hey guys,

I have finished reading Dave’s book “Real Estate Note Investing,” along with Kiyosakis “Lazy Way to Invest in Real Estate” and Rachel Richards “Passive Income, Aggressive Retirement.” 

I am interested in purchasing performing notes and gave the financing lined up through a self directed IRA (which I will replenish with the payments to buy more notes. BRRRR, right?)

I have a broker lined up with the inventory. I have a due diligence company.
I have a servicing company to handle the money. 
I have an (optional) mentor company if I need them. 

I have an exit strategy. 
I can get a real estate lawyer in the city where I purchase. 

Question now stands, what else do I need? I want to be smart about this but I don’t want to cripple myself with analysis paralysis. I’m excited to get started, and I wanted to see if anyone had any last ideas for this mariner before setting out on the sea towards financial freedom. 

Thanks in advance. Looking forward to seeing what the group has to say. 

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