Similar to what Patrick stated - most have ITINs and have seen a lot of loans like that and those are sold many times on secondary market. if not I know people who still originate I would say they are tougher to sell on secondary market but there are still buyersRe: jay comment - price of notes has doubled over past five years on many loans - especially defaulted or loans with some hair too them. 

Only let in A+ people--no matter what. 4. whatever task you can't handle hire someone.

its not the notes per se its the assets securing them.. this model has been tried many times and it fails most every time..

There are auctions, city grants, and financing programs designed to help people revitalize neighborhoods.

Also looking forward to meeting any local wholesalers or people living out the house hacking dream.Thank you to @Scott Trench for leaving a great how-to on introductions!

Quote from @Daniel Windingstad: Quote from @Obed Calixte: Some people have the personality, processes and systems & time to self manage, some do not.

There is an incredible amount of points to consider when weighing the options on something like this and honestly, I don't recommend it to very many people at all ....even seasoned tradesmen and investors.

I don’t have a problem paying a couple grand to remove some of the just figure it out stage of learning and utilizing expertise of people that already do it. 

There's a post right above mine from a lender... there's always a lender offering $$$ even when people can't afford it. 

They repeatedly expressed dismay and said that very few people ask for a refund.