talk to Peak Asset Lending in KC  @Alexander Felice  banks generally wont fool with stuff this low unless you have existing relationships with them.. the cost and risk of having a default far out weight what a bank can make on a 15 to 20k mortgage.but i have seen small local commerial banks do these for local citizens that own 10 to 50 homes and its their cottage industry so to speak

Do you want to be strictly in real estate or do you want to invest in other industries as well?

My reason, being new to the real estate industry creates a lot of liability.

I'll double down on the fact that unless sellers are in the real estate industry or have some kind of investment experience, they are unlikely to take the burden of servicing the debt.

If we think it will, we send this notice 60-days in advance for them to be able to get used to the idea and/or check-out the market competition. 

I am getting back into the business and am interested in networking and meeting new people in the industry.

You will have the opportunity to learn...in addition to meeting potential future partners and maybe even potential passive investors - if you choose to syndicate your deals in the future.Get people talking about their lessons learned in this industry...as there are LOTS of things to look out for.

Additionally, the loan is non-recourse (except for bad boy carve-outs, which is standard) and provides very competitive loan terms.

Apartments, retail, office, industrial, hotel, or self storage. 

Hi,i'm new to real estate investing but have been searching, so i have a bit of an idea on how the industry works.