Advantages ?? You?re in control?
?High fixed rate of return collateralized by real estate.
?Diversification to your wealth/retirement building plan.
?Can use your IRA, Roth 401k, Cash, Credit, or any other liquid funds that you control.
?You control the investment’s outcome.
?You determine your return.
?Almost a completely passive investment.
Disadvantages ? ?You?re in control?
?You do the due diligence and make the decisions.
?Worst case you get the house back free and clear with equity.
?Unknown circumstances ? ?Murphy Factor?!