Other times the terms may be worse, but it’s worth it because you have no alternative.

Promissory notes in general, as they have no collateral, seem a bit higher risk, perhaps mortgage note investing which are backed by residential and sometimes even commercial real estate would be a safer alternative, and yet very lucrative, too,  8-12% yieldsFor extra returns, I put a small portion of my portfolio into BDCs, Business development companies, that specialize in loaning money to growing businesses which are too high risk to get loans from proper banks.

I appreciate you taking the time and offering me another POV and alternative options.

With 4 years in container conversions, we're transforming shipping containers into modern, efficient tiny homes and small homes.Currently working on a small, 10 home, senior housing development.Expertise: Container home design, sustainable building, alternative housing.Looking to: Connect with investors interested in container homes, share knowledge about factory construction, and learn from the BP community.Feel free to reach out if you're interested in container homes or factory building practices!"

Alternative I have a daughter up in Davis that we could help house hack…

Exercise caution and explore alternatives before considering them

Just had my current LT tenant commit to another year so we will reevaluate again towards the end of 2025.GregI was thinking you can alternate between STR and MTR to maximize the ROI.

I was going to take the FHA route try to get a unit property, but my problem is my DTI is high due to my student loans and a car payment so now I am a little discouraged on how I can get started and also get funded my Linda informed me that I can use an alternative person for the income, but I don’t have no one to use it just me and my income is not good enough so I’m not sure on what to do as far as breaking into Real Estate  I feel like it’s just not going to happen for me 

Always keep in mind the alternative, the bank has no duty to sell for less than what the open market will bare for the asset.

But alternatively, you can hire a manager if the home is big enough to support their salary.