And for my strong little sister to ask for help, I knew things were severe.When I told her I was coming, she responded, “But Joey, you have to work.”But the truth is I don’t.At the get rich quick seminars, they flaunt flashy cars, big houses and expensive vacations trying to tout those things as financial freedom.

You were not buying a NOTE you were originating A new mortgage and prom note @Wayne Brooks as Wayne illustrated your confused on what gets recorded and what needs to be notarized.. the prom note needs neither notary or recordation. its the mortgage that needs both.and that fact that its not already of record means you made a new loan.. once the new loan came to light to the Senior lender I am sure there docs preclude any junior encumbrances or mortgages.

If I bring $200k to closing to fund the owner carry, do I get that $200k back or do I just get the prom note? 

@Ben Leybovich always calls you his girlfriend but geez you don't have to flaunt it.

@Brian Prom Then change your area (ZIP)...you can't change the other numbers.I'm not that far from you in Livonia/Plymouth/AA/Ypsi/Redford, etc...and I find my numbers are much better than the sones you've presented.Come to our REIC in AA.  

Besides, if I can't flaunt my accomplishment a little among my peers, then I won't get to flaunt it at all.

Were you your HS prom King?

Joint ventures were my second option, maybe it is to you as well, get your first three under your belt, it's easier to flaunt other people's achievements.

It looks nice, but not overpriced, so I am professional without appearing to flaunt my wealth.

I imagine if you just stick a sign in the yard and don't publicly flaunt the fact that you're renting it out, it may be ok.