In both cases, syndication would be needed with a securities attorney.Here is the list of promissory notes recognized by the Supreme Court as NOT being securities is a compilation of nearly random examples:Notes delivered in consumer financing.Notes secured by a mortgage on a home.Short-term notes secured by a lien on a small business or some of its assets.Notes evidencing a “character” loan to a bank customer.Short-term notes secured by an assignment of accounts receivable.Notes that formalize an open-account indebtedness incurred in the ordinary course of business.Notes given in connection with loans by a commercial bank to a business for current operations.And the determining factors for how a court will judge it to be a security or not are :Whether the borrower’s motivation is to raise money for general business use, and whether the lender’s motivation is to make a profit, including interest.Whether the borrower’s plan of distribution of the note(s) resembles the plan of distribution of a security.Whether the investing public reasonably expects that the note is a security.Whether there is a regulatory scheme that protects the investor other than the securities laws (e.g., notes subject to certain banking regulations).Again, consult an attorney.

Great story about taking action.

I’ve been into real estate and have been in the learning phase for a while but i’ve been taking more action recently in looking for deals and getting deep into networking.

Depending on the location, foreclosure might be time consuming. 

Action is the best experience.

Trust me, I would be taking action with buying properties right now if I could - I go to the Air Force Academy, and am not allowed to own any property whatsoever while I am still attending school there!

However we keep hearing also of the importance to get moving taking action.

and it was seriously packed with good, actionable info (as far as I could judge).

I've been trying to save as much as possible for the last couple of years and I think it's time to take action and pursue what I really want.

I’ve done lots of research and I want to take action I’m very interested into hearing advice from other people who have more experience in the industry.