I am not knowledgable in valuing notes, but I understand the value of the property that the lien attaches to is just one aspect of the valuation -- credit of borrower, payment history, etc. all factor in.What I think will sink this idea is that the city is not the one pressing this issue, it is a venture capital company.

I have had to juggle several business ventures at the same time as well, seems that you put out the biggest fire first but then other aspects will slide.

My "assumption" was to get my feet wet with something pretty "straight forward" first, then venture into more creative stuff after getting my "sea legs".

@Katrina Cabral with your permission I'll be very frank, because I believe that will be most helpful: you have hired a professional, who you feel performs like an amateur and now you are asking for tips how you can DIY-improve what your agent is not doing?

Left my previous full time roll as a senior logistics leader last fall to venture fulltime into real estate.

They apparently share profit and loss with the customer and ban all collection of interest. one of their products is called Musharaka which is a joint venture, where a bank and a customer both contribute funds — for either an investment or purchasing an asset.

It makes no sense for me to be GONE from 7am to 10pm every single day, and hate what I do.I have been researching and reading and watching everything from Bigger Pockets Podcasts and forums to Motivational Speeches and Growth Conferences to DIY shows and books, I would like to buy properties, fix them up and resell them, but I'd also like that passive income that can come from buying, renting and managing my own Multifamily properties.

We finally have our first rental property in the Metro area (got some great DIY experiences).

I have not ventured into sub-$50K loan in the past and not planning to either so can't tell you from experience.Capex of $125 seems low.  

How would I go about financing a venture like this?