@Roger Vi I have the reserves & extra cash flow right now if I were to buy another property and it were to remain vacant, but it relies on me continuing to maintain my job security/paycheck.

@Roger Vi - Go talk to a few local title/escrow companies near you.

Hi @Roger Vi :) - thanks for reaching out. 

@Michael V.  I

@Chris V. I

I know banks will not give you financing if there is no title v. I

@ Roger Vi,  What a terrific story.

@Roger Vi I will message you when I get a chance to discuss further.

Thanks @Michael Plaks and @Dan V. I

the minute you have more than one investor, (ie: you fractionalize it) you will be considered offering securities.Under Reeves, The following is a list of notes that have judicially been determined to fall outside the definition of a “security”:(i) a note delivered in consumer financing;(ii) a note secured by a mortgage on a home;(iii) a short-term note secured by a lien on a small business or some of its assets;(iv) a note evidencing a character loan to a bank customer;(v) a short-term note secured by an assignment of accounts receivable;(vi) a note which simply formalizes an open-account debt incurred in the ordinary course of business (particularly if, as in the case of the customer of a broker, it is collateralized); and(vii) a note evidencing loans by commercial banks for current operations.