Make sure you know principals, are they registered in their state and check their credentials/lawsuits against them etc.

@Marivi Bau Leveraging the equity in your principal residence is a good move.

@Julie Pedraza progress towards a principal/managing broker's license as well so you can perhaps go out on your own one day. 

(AA) "Associate broker" means an individual licensed as a real estate broker under this chapter who does not function as the principal broker or a management level licensee.

anyone use Anchor investments out of OHIO  there website does not show any principals or owners.it looks like they may be cloned in a few other states.. websites are basically the same.. 

Receivables contracts are executed between companies all the time, this just happens to be receivables on principal and interest rather than other types of payments.

Are you suggesting that because someone provides oppertunities for other people as a key principal of their business that the opportunity itself is lacking value?

Yes, I would still owe the note but I should be able to cash flow and possibly pay down some principal (on the first) since there is no interest or payments due on the 2nd.I was thinking of setting it up as a lease option.

You can always recast the loan when you have funds to reduce the principal.

In my mind, risk involves possible loss of principal, down-side involves the hassle of work that I will need to do to to protect investment.