WHAT ARE TRUST DEEDS AND WHAT IS THE INVESTMENT OPPORTUNITY?
Wednesday, August 11
What is a "promissory note?" A promissory note is a written promise to pay or repay a certain amount of money at a certain time, or in a certain number of installments, or on demand to a named person. It usually provides for payment of interest, and its payment can be secured by a deed of trust. ...
THE DIFFERENCE BETWEEN A MORTGAGE AND A DEED OF
Wednesday, August 11
When a borrower signs a promissory note, he is agreeing to pay the lender a specific amount of money according to certain conditions. In order for the lender to protect his interests, he will require that the borrower sign a mortgage or similar security instrument in favor of the lender. This ma...
INVESTING IN PRIVATE MORTGAGE LOANS AND HARD MONEY LOANS
Wednesday, August 11
1- What are Private Mortgage LoansLoans made by a private lender - not bank or lending institution Short term - 6 months - 3 yearsAsset Based criteriaLTV 45-70%Interest rates 12-18% plus 6 points 2- Why are Real Estate Investors willing to pay high rates to borrow private moneySpeed of clos...
INVESTING IN TRIPLE NET LEASED PROPERTIES
Wednesday, August 11
What are 3 net leased properties Tenant pays taxes, insurance and maintenance. Providing landlord a no hassle income. These are typically single tenant facilities, or may have a few tenants who provide their own property management. Types of properties Retail - single or 2 tenants facil...
INVESTING IN REAL ESTATE - ACTIVE OR PASSIVE?
Wednesday, August 11
Many investors are turned off by real estate because they do not have the time or inclination to become landlords and property managers, both of which are in fact, a career in themselves. If the investor is a rehabber or wholesaler, real estate becomes more of a business rather than an investment...
Replacing Active Real Estate Income with Passive Real Estate Income
Wednesday, August 11
Your tired of hassling with tenants, contractors, leasing agents, brokers and attorneys. You have owned income producing property for the last 20 - 30 years, and you’re ready to leave behind the day to day problems and enjoy life. The kids are on their own and you want to travel at will and spe...