Other KPIs and considerations you should evaluate when talking to any lender who offered private placement of loans/notes are historic default rate, how quickly they can place your funds (do you get preference over their income funds, for example), average interest rate - borrower note rate and what is passed through to you, are loans serviced by a 3rd party servicer or in house.

1st step is to make sure that the electricity is rated for having electric heat by the electric company.

It’s quite appealing as a long term investment - even at today’s rates.

And it's very pertinent to today's environment because it doesn't look like interest rates will be coming down much, if at all this year.

You also need to change all contact information to you - all email, phone, address. 

Plus, that is the cheapest that money will ever be for you.  2.65% interest rate? 

The definition of poor initial cash flow has changed with time.  

Elite’s rates are a little higher but they sound MUCH more flexible.

At times, the seller may back out, you may not get financing to go through due to changes of lending practices due to (Covid19).

And I am doing CD's not LWO's which the #'s with LWO's are even lower close rate than CD's.