Residential Real Estate Broker · Aurora, IL · Member since 2017 · 96 posts · 45 votes
Looking to research investing in real estate Notes and setting up a private fund. What are the best websites to research this information and to invest?
Looking to research investing in real estate Notes and setting up a private fund. What are the best websites to research this information and to invest?
As mentioned above, get some good education and/or partner up with someone else who already has the experience and connections when you first start off. The best way to source notes is to network with banks and hedge funds. However, here are some of the online exchanges you can buy from:
Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
7y
@Sean Morrisey - I would recommend against starting a fund right out of the gate. The cost to put one together is not cheap (10-20k) and if you do not have a deep and extensive background in notes raising the capital will be more difficult to do. In my discussions with people who have been in this business a while they recommend doing $1M in deals before starting a fund.
Along with what is noted above, there is a DMV Note Closers Group which did a presentation on this which included a lot of the names chad noted above along with a few others.