Need feedback on starting Trust Deed Investing

[David L.]

I would like feedback from others on this idea, and get their insight, and knowledge. I am wanting to start a First Trust Deed Investment Business. I am starting small, I currently own another investment home that is paid off, and rented out. Starting with this home, I am wanting to take in a few investors who want to earn 5-6% interest on their money, backed by the trust deed of the real estate from the home. Starting with this home and expanding as time permits.

Thank you for your input / help.

Dave