The banks made sub-prime loans for the same reason. If the banks did not think that these loans would be profitable, do you really think they would have made any more than the bare minimum necessary to meet CRA requirements?

I will check out your company. I have been endorsing and promoting a TDIC here in Los Angeles called Overland Financial. They have taught me a lot and I am always open to learning about additional companies that I can endorse.

I just stumbled upon your article and wish I’d seen it sooner. I agree with Aaron that it’s very timely. I work with a TDIC (trust deed investment company) called Sterling Pacific Financial (http://www.sterlpac.com). Just like Aaron sees with Norris Group, Sterling is seeing much more activity on both lending and investor side these days. There are many quality deals that can’t find bank financing under today’s burdensome tight credit standards. This means more opportunity for TDICs (and their investors). Real estate investors, in turn, really should be sure to consider reputable TDICs to solve their financing puzzles in this environment.

Thank you again for your post! I look forward to checking out your web site.

Great article. Trust deed investing is indeed on the rise. Our hard money loan business is booming and we’ve opened the door for new investors (money side) for the first time in years!

Especially with the stock market the way it is, we know plenty of people closing out of Wall Street altogether and looking at other options including, of course, trust deed investing. Unlike the stock market, having your money backed by a hard asset sure is nice!

Bruce and Craig put together a little video on the subject of how The Norris Group approaches trust deed investment. I think one of the intersting points they bring up is about the difference between pooling and individual investmeents. If you’re working through a broker, some pool the money and some set up one money investor with one house.

Anyway, I liked your article and thought it might be interesting for people to watch.

http://www.thenorrisgroup.com/trust-deed-investment.html

I am not sure what you mean when you say

“It is not possible to take out the full payment with this idea i can think about purchasing property for myself.”

Please let me know so I can comment back better…

Thanks!
Rosie