Creating Notes/Discount Mortgages - Posted by Charlie (FLA)
Posted by Charlie (FLA) on December 25, 1998 at 08:31:16:
I recently have entered this forum to try to discover new routes to take in real estate investing. I own some rental properties. My primary concern is to aquire an alternative
source of income. I am trying to evaluate whether to continue to utilize a buy, hold and rent stradegy.The next segment of goal is to sell and hold note at time of retirement.
The question I am seeking an answer to is does creating paper/notes offer a higher yield on your investment, as opposed to traditional buy/hold. Also, what form of tax
liability will I incur? ( Ordinary Income )
I would appreciate any assistance or information on directions to undertake.
Thank You Kindly,