Hello, I'm brand new to notes and wondering if these look like good deals.Non-Performing - #1 - Principal Balance - $30,062.77 at 11% purchase at $8k - ARV - $135kPerforming - #2 - Principal Balance- $155,745.61 @2% purchase at $60k - ARV - $100k#3- Principal Balance - Principal Balance $119,062.23 @3.5% - Purchase price $60k - ARV - $135kThe benefits I think compared to rentals is that there is no tenants, but I'm not sure if banks are willing to refinance notes since I know banks are willing to refinance rental property?

I wrote an article about the benefits of partnering in real estate and in it discussed a lot things to look for in a partner.http://www.biggerpockets.com/renewsblog/2012/06/19/partnerships-benefits-team-real-estate-investing/To sum it up you need someone that you can trust and know cares as much about the success of the partnership as you do.

An adjustment would have to be considered for the location on the busy street; similar down adjustments would be made for location next to industrial property, next to train tracks, with a freeway running behind the property (a fence can allow separation for safety, but won't reduce the noise by much), etc.

As Luis suggested, you might pay an appraiser so you can view the report and see which comps they chose and how the adjustments were made.

Does your property have the traffic count to benefit someone renting space on your property for a billboard?

I do feel strongly that if I put some extra work in during the first year, I will reap the benefits down the road.

So if we adjust your Maintenance fee to $6,900.

You would be ok for a while but interest rates are adjustable and will change (probably increase) when the market rates change.The best idea, if you can qualify, is to buy with a regular mortgage from a lender.

The internet is such a great resource for research that I cannot really see the benefits of using a loan agent.

Just make sure that at the end, there is some financial benefit for all your hard work.