@Michael GreerSomething doesn’t seem rightYes you win at sheriffs sale but the sheriff and courts need to finalize the funds and who gets what and then issue the deedYes in some places this can take monthsWe had one in PG county Maryland that took 14 months for them to issue the sheriffs deed

Quote from @Melanie P.: @G.

promissory notes are pretty generic.. but you usually have a PN and the PG is a separate document.

We will lend at X% and whether you make $ or not, not our problem (well it is if you do not pay us back but that is where the PG comes into play).

Ideally I would try to get a 3/4 unit property somewhere in DC proper, PG County or Montgomery County (Takoma Park/Silver Spring), live in one unit and rent out the others. 

We also just print our 3 pg lease. 

Although unlike you I still have to PG all my commercial bank notes :(Did you set up an escrow for tax's and insurance or do you just monitor them for compliance.

It seems most banks now are requiring a PG (which means using your EIN and SSN) for most lines).

They brought the whole 3-ring binder and started going over it with me from pg 1. 

They also must be at least 21% owner to be able to PG.