Another aspect is that you may be saved under state law that could limit guarantees of minority stock- holders, as they can be and are, but not if they provide a guarantee voluntarily when the debt is created.I suggest that you see your attorney and address the by-laws with a hold harmless and indemnification agreement between stockholders and the assumption of debt with a personal guarantee by those admitted to the corporation between officers, directors and stockholders.

One Critical Element of Investment and Owning is Absolute Integrity!!

@Gary Burmaster , that is an aspect I hadn't even considered.

I been looking at the licensing requirements for it.Will jump into that once I get the ball rolling on other aspects.

Old notes may not be collectable and you'll need more due diligence in the legal aspects of the lien.Jr. notes are pretty much a door opener as you have priority to payoff the senior lien and if the total loan to value is favorable you can manipulate deals with the borrower, but again, foreclosure is usually a last resort and profits may be limited to the discounts.I have said before buying notes is pretty easy, it is when you know what you're doing, but you need more than RE knowledge, you need to sharpen your valuation skills, legal aspects, title issues, foreclosure proceedings, safeguarding collateral, repairs/construction aspects and the market of RE as well as the market for notes

Ed, that is perfect answer in all aspects.

When providing an estimate on any job of size, I run thru every aspect of the job and in fact use my scope spreadsheet for building the estimate.

Personally, I like the asynchronous aspects of email and text for non-urgent matters -- if it's not an immediate concern, I'd rather deal with it on my schedule as opposed to the other person's schedule (i.e., when they decide to call me).Of course, both parties need to agree on how to communicate...if one party is uncomfortable or resistant, it won't work...

We have raised this matter for the courts and believe that the matter will be resolved judiciously.”When Errol Samuelson, former president of realtor.com and Chief Strategy Officer at Move, Inc. left to become Zillow’s Chief Industry Development Officer, reactions ranged from criticism of Move, calling it a poaching of talent, to a criticism of Samuelson, calling it a betrayal to the industry as NAR members own and have an operating agreement with Move (which competes with Zillow).

Where it is placed is critical.