Weed Loans Enter Seller Financed Note Market

What’s the newest niche to hit note investing? Think green, Up in Smoke, and now legal (in some states) for medical and/or recreational use. With differences in Federal versus state laws, marijuana businesses find it difficult to obtain traditional bank financing. The result? Seller financed Weed Loans or MJ Paper has entered the market. Recently we were asked to buy a private debt financed note secured by commercial real estate being used as marijuana dispensary. It was time to learn more … [Read more...]