Hi Chris,The deal could potentially work, but it's tight.

Like Chris, I'm not brave enough to buy a consumer loan in Chicago.

It is a fantastic avenue for experienced investors, per the comment from @Chris Seveney. 

Quote from @Chris Seveney: @Alicia ZhaoI agree with jayIinterest income = ordinary incomehttps://www.fidelity.com/tax-information/tax-topics/interest-income#:~:text=Most%20interest%20income%20is%20taxable,it%20or%20can%20withdraw%20it.There is a lot of different terminology used in the tax world.Interest income, for the average taxpayer, will be considered 'portfolio income'.

Quote from @Chris Seveney: @Kang-Li ChengI cannot comment on this specific company but we buy loans from similar companies (both performing and non performing) and I Can say the consistent component to these companies is they are horrible at underwriting and write loans to collect the points / fees but many of the loans we see we cannot believe they gave that person a loan.I am curious what types of returns they targeted as the invest in one asset model to me is very risky.You can see the target returns to be 10-13%.

Quote from @Chris Seveney: Quote from @Mohammad Murad: Hi, I found a fourplex selling directly by the seller.

Quote from @Chris Seveney: Quote from @David Cherkowsky: Hi all,My agent presented an opportunity to me that would use seller financing and I had a few questions.

Quote from @Chris Seveney: @Zachary WurtzThey will typically pay as you go - meaning let’s say it’s a $100k to renovate- they will give you $25k when x is complete and 25k when y is completeSome may provide the entire amount but you will be paying interest on that amount during the entire time and have 12 months to pay it off That makes sense, thanks Chris!

thanks, @Chris Davis!

Quote from @Chris Seveney: @Mergim Kacija1.