Your $3m asset, "backed" by $2m property could suddenly diminish by $500,000 as investors seek higher yields at the same time as your debt payments rise.

Anyway, keep looking and please seek out other opinions from investors who have been successfull in selling notes.

This is a pretty big deal to bite off as a first investment and you should seek leagle advice locally.I assume this is a nothing down deal, if so, I think you're spinning your wheels.

It has been a long time since I last touched base with them, but they may be seeking investors.

I am also seeking mentors and coaching to help navigate my experience.

So, you have to find the seller that is related to what you seek.

It would ultimately just depend on the assets and loan structure you are seeking.

Anyhow, what I'm seeking is advice from real investors who can see my situation and say what hey would do.

I wants to address 2 major concerns. 1) Liability protection 2) Tax Savings both are important.Issue #1: Eligibility for S Corporation Treatment: I have been told that Loss of eligibility can occur if the S corporation receives too much passive income. so in my case I am creating rental leases on my S-Corp name and not on my personal name. is that OK or my S-Corp is in trouble?

Meet people and find out what their appetite is for the type of thing that you are seeking to do.