Houses are already rehabbed and rented with a nice cash flow.
Funding will be at 60% ARV. Perfect for retirement accounts, savings and IRAs!
If you have a savings account, IRA's or have money in CD's, guess
where that money is going? Your bank gives you a measly 2% (or less)
interest and then turns around and lends your money pooled with
money from others like yourself. Your home, for example, may be
secured by a 1st or a 2nd mortgage at 8%. The difference of 4% gives
the Bank a hefty profit, covering the Bank's operating costs,
putting money in the hands of the Bank's Board of Directors and its
shareholders.
People invest in Trust Deeds, 1st
Morgatges because they want to earn more
on their investments than banks or the stock market pay;
because they want the security of Real Estate to
underlie their investment AND they want the simplicity of a FIXED
RETURN. You can begin investing in Trust Deeds with just any amounts
HOW IT WORKS
- We open escrow
- YOU instruct escrow on terms of loan (9%, due in 8 years)
- You sign note and Deed Of Trust in escrow.
- You deposit money to escrow.
- Documents get recordered with Title Insurance
- You own a NEW CASH FLOW Property !
- You Start receiving money every month .
By investing money in a Trust Deed with out properties , you are eliminating the Bank and lending money direct to the borrower thereby increasing the return on your investment substantially
Title Insurance:
Each Deed of Trust is title insured by a Title Company. The Title
Company insures that the Deed of Trust is recorded into the represented
1st lien position. Title Company insures that the Title
holder/Owner has a valid Title to the property and insures you for any
title defects. A copy of the preliminary title report can be
provided for your records.
Fire Insurance:
The borrower is required to keep fire insurance in an amount to
cover the loan or replacement cost of the improvements.
Escrows:
We do not handle our own escrows. Every escrow is handled by an
independent Title & Escrow Company. The Title Company also
handles the recording of the assignment of the Deed of Trust under your
name.
Payments:
Your monthly interest payments checks are automatically paid by
our bank in "Auto Pay".
Appraisal:
Each Deed of Trust is secured by real estate.
We will obtain a professional and independent appraisal
on the subject property. A copy of the appraisal is included for
your review in the trust deed information package.
your benefits
current investment
- â$80,000 57% LTV
âInterest Payments $533 per month
âProperty in San Bernardino, CA -
