Is Promissory Note for rehab a feasible investment vehicle?
Hi there, this is Yan. I am wondering if a Promissory Note between individuals (one lends to another via a Promissory Note) a reasonably safe way to invest. How to ganrranttee the fund is paid back? Will a Promissory Note secured by a collateral like Mortgage be safe enough? Please advise. Any inputs are appreciated. Thanks. Yan