He's on the finance side, acting as the syndicator and has no finance experience or in structuring such deals.Johnny, you can get a cheerleading section, but there are at least a hundred ways for those with knowledge to cut you out of anything you think you're putting together.

Local knowledge is very important.

I've been reading through the Beginner's Guide and am very excited about the depth of knowledge in this community.

I may try and land a job as a Realtor as it would give me a lot more knowledge on my area and about the field but I am not certain yet.

Work with a broker who will actually teach you notes (rare because they usually teach what they want you to know in dealing with them) another way is to self study by looking at various brokerage sites, talking with other investors and reading the note forums, the last way is to pay some guru who may take you down a path of showing you some method that is often expensive.To my knowledge, there aren't any "note schools" or education programs that do not have some vested interest in how you do things or where you invest......that may change soon.Non-performing loans can be worthless.

By the way this is all assuming the numbers make sense, the hoa is up to date paid the 3rd party, etc.also, I know all of this has to be done with the help of an attorney which I have but I love to hear from first hand experience and knowledge.

(I'm sure Mike's recommendation is good none the less)Todd is really knowledgeable and can do up to 10 loans.Really great guy to to talk to.Matter of fact...

In the meantime, I plan on absorbing as much information and knowledge as possible, finding a mentor, and saving up for the down payment.

He's also very knowledgeable about the area and neighborhoods.http://www.zillow.com/profile/randolphmorrison/

The wonderful thing about this site and the internet is you can get a wealth of knowledge very fast.