Performing notes the investor makes money from the monthly payments at a ROI determined by the payments and the amount paid for the note.  

That's not a trivial amount of money, but it won't leave you on the streets when you're retirement age.You got this!

The appraiser will provide a rent survey and a rental amount that will be used to structure the loan- more on that below. 

ever make that kind of claim with any substantial amount of money and for any substantial amount of time.To think, I was actually starting to give you the benefit of the doubt...

. $23K isn’t a huge amount of capital in today’s high-interest-rate market, but it’s definitely a starting point.

Please don't pay any kind of money, especially that amount for some kind of Instagram influencer.

Did the POA confirm the interest rate, loan amount?

Understand the basics of private lendingResearch real estate marketsDetermine your investment strategy and criteria for loans, including:- Amounts- Interest rates- Repayment termsCreate legal documents with a lawyerNetwork with real estate professionalsPerform due diligence on potential borrowers and their projectsBegin with smaller loans to gain experienceMonitor your investments closelyConsider joining a private lending group for additional resourcesStay informed about real estate trends, lending practices, and legal regulations

The amount loaned was $2.5M.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.