All Forum Posts by: Stephen Heebner

@Kelsey VanSleen not great. bout 4%. It was just somewhere to throw money when I needed to. Hind sight I probably wouldn't have but now it's fairly locked with them for a while, which is fine. Not advice by any means, just my honest opinion, check out 7e investments. That's where it's at, again in my opinion. 

fixed income is what i am searching for.

thank you! mortgage notes. 

@Lauren Sanford and @Chris Seveney - I am invested in 7e, but as for some diversification, which I believe in to a degree, are there other funds out there that allow for non accredited investors? Thanks for any possibilities that I can research!

Yes! I am familiar with his fund. Main point of my post is also trying to determine if individual notes are worth it for people in my boat, who are busy and happy with other aspects of their lives... jobs, families, etc.

Was hoping to collect some wisdom from the BP community if I can explain myself clearly. Wondering if there is really any benefit to owning individual mortgage notes vs. investing in a mortgage note fund. From my simple calculations, taking into account paying for attorneys, business structure/expenses, etc. not to mention the time of due diligence, and understanding legalities, it seems more lucrative (AND SAFE) to invest in a fund. I ran some numbers (ball parking of course) and I actually make more lucrative cash flow through a fund returning 8% than a note amortized at 11-12%. The fund, not being amortized returns more in the years following plus also having preserved my original capital. I understand this is all based solely on a cash flow perspective. Does it make more sense for someone like me with a w-2 job that I enjoy to just invest in funds? I am looking for cash flow. I understand this is not a one size fits all subject... just seeing if anyone has any wisdom for me, OR, is in the same boat as I am. Thanks!!!

thanks for that info. it is residential and yes i am much more interested in being a lender. in fact with our previous situation i was the mortgage note holder on his current rental. he refinanced me out of that. i did some other investments but am interested in helping him buy another rental. please explain further the 3 month seasoning of funds in his account. thanks again

thanks for that. would i then be able to be paid from the business at our agreed on dollar amount “as if“ i am being paid for a loan? also can i as an lp exit the llc at our desired 5 to 7 year time frame?

Was hoping to collect some wisdom here on being a silent partner with someone on a RE deal. I would be bringing the down payment (about 30%) but otherwise I would like to be a silent partner. He agrees to this gladly as he would be managing the property and ultimately our goal would be in about 5-7 or so years to refi me out (or whenever it makes sense). The reason for this is, my understanding is I cannot loan a down payment? I would want to be paid monthly as if I were just lending money. Do we just structure a partnership? What would be some options for us? This person and I have done a previous deal together but very different circumstances, so we have full trust in each other. Thank you all!

I began to binge listen to their podcasts and webinars and didn't take long before investing... I am excited to have found 7e and it is exactly what I have been searching for in my search for passive income that I feel good (great) about in my gut! I hope this fund continues forever!