Promissory Note Success!

[Account Closed]

Investment Info:

Single-family residence private money loan investment in Portland.

Purchase price: $120,000
Cash invested: $120,000
Sale price: $147,000

Capital partner on an 18-month , 2nd position, promissory note backed by a flip project in NE Portland Oregon via Trust Deed. The project took longer than expected, although COVID did delay it, but not as much as the permit department. $50/day for 18-months was nice. Could have lost money too but I lend to the pro's.

Let me know if you invest in Washington or Oregon and interested in these types of investments and I'd be happy to share my experience.