First time buying a partial mortgage note?

[Bradley Ritter]

I have 5k and want to buy a partial note. What kind of return should I look for??

[Terrence Evans]

Yield.

But a few things...

1) That is up to what you desire for your money.

2) If you are asking what others would desire, double digit yield typically

3) If you are asking what you should expect, then it really depends on alot of things.. You can make a high yield but the collateral may be high risk, the ITV may be high, or the monthly payment may be a low dollar amount which will be eaten up by servicing.

It would be better if you had brought a potential deal into the forum so we can help you eval it vs this kind of open ended hypothetical question.