Similar to what Patrick stated - most have ITINs and have seen a lot of loans like that and those are sold many times on secondary market. if not I know people who still originate I would say they are tougher to sell on secondary market but there are still buyersRe: jay comment - price of notes has doubled over past five years on many loans - especially defaulted or loans with some hair too them. 

I've sold land in Bakersfield in 2023 and 2024. 

In our view, experience and integrity are by far the most important parts of any private loan.

Send me your site in private and I will evaluate it so everyone can learn from this, if that is OK with you?

Loan Origination Systems (LOS): What works best for mortgage and private lending?

If I had known the numbers they quoted me were total garbage, I could have sold my houses much earlier and saved about $80K in losses.

They are on a big push to get back in the game though, have you seen their recent ads stressing that they only list private homes?

So by spending $42k I collected an additional $75k over 5 years, and then sold the furniture through a consignment store collecting $8k as my share.  

By the time I sold it, I was making $500/month more than the mortgage.  

Like @Chris Seveney said, private lending is a great way to go as well.