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Updated over 7 years ago on . Most recent reply

User Stats

14
Posts
2
Votes
Patty Puckett
  • Real Estate Agent
  • Grass Valley, CA
2
Votes |
14
Posts

Buying First Trust deeds

Patty Puckett
  • Real Estate Agent
  • Grass Valley, CA
Posted

I have a question about advertising (specifically on Craigslist) to find a new deed of trust for 100k.  This is my own private Roth money I want to invest.  Looking for 10%, 3 to 5 years.  I don't do over eight deals a year and I won't do owner occupied.  I am a realtor, but not a broker. Can I advertise legally in California?  I know how to do my due diligence on the properties.

Having a hard time getting my $ out there with Brokers. Either they say deals are sold already, they want to offer 7% or 8% interest or the LTV is high, or they don't want to bother to fractionalize.

Suggestions?  Thanks!

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