All Forum Posts by: Eddie Fernandez

@Alecia Bolton Thanks for those tips I never thought about hypothecation I will look into that.

Thanks Chris.  How does one get involved in syndicated deals when one doesn't know anyone in my area that does this type of lending?  I definitely am interested but want to make sure my assets are protected.  I also see many use money in funds of performing notes through MWM Fund or PPR for non accredited investors as an example.  This is the type of involvement that I'm looking for right now, something more passive and less involved.  Have you or anyone you know invested with these funds?  

First off thank you in advance for all for the great advice already on this forum.  I own a rental property free clear and obviously have equity.  Instead of taking that equity and buying another property I'd rather invest in more passive means such as notes OR something else that maybe I'm not thinking of. I'm considering taking about $30K-$50K out of equity in the property and investing it in notes, and the criteria for me would be to create a monthly passive income with respectable returns and don't have to deal with tenants.  In other words something that will help me in my path to leave my W2 job.  Is this a good idea or is there something else I should consider to do with this investment?  Appreciate any advice.  Thank you, Eddie