As for properly collateralized performing notes in Vegas I think those are quite safe.

We have found that setting our expectations about what we want is helpful (financial performance, level of renovation we can handle, forced equity opportunities, number of bedrooms, etc) and then waiting for a deal to materialize. 

Hi all! I’m a real estate investor based in Indiana. My husband and I primarily invest in long-term rentals here. It’s a solid market with a median home price around $250K and a rent-to-price ratio of roughly 0.8% (po...

Quote from @Chris Seveney: Quote from @Luis Pereiro: Hello BPI'm looking to connect with investors interested in purchasing a mortgage note (performing).

It creates over-leverage and the performance of one property is dependent on the other.

Or that the remodel wasn't performed by a licensed professional. 

So you’d be ok coming out of pocket another $130k and paying $780k for this property if the builders fail to perform?

To assist us, we refined our pitch deck and performed some scenario analysis with our financial models.

Just keep an eye on how both markets are performing, and maybe start small, like taking out $50k, so you can test the waters without over-leveraging.

...if so, how is it performing?