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All Forum Posts by: Barry Phillips

Barry Phillips has started 1 posts and replied 2 times.

Post: Trust Deeds

Barry PhillipsPosted
  • Investor
  • Monterey, CA
  • Posts 2
  • Votes 0

Gentlemen,

Thank you all for your insight and information.  We will continue to approach fractionalized deals with caution.  We know we have some reading to do and will stick to 100% ownership for now.  I'll visit your websites and look forward to learning more from you.

Cheers,

Barry

Post: Trust Deeds

Barry PhillipsPosted
  • Investor
  • Monterey, CA
  • Posts 2
  • Votes 0

My partner and I are venturing in to trust deed investments.  I've subscribed to several organizations and have come across some opportunities where we can take 50% of the loan.  If there are two parties, who has first position if the borrower defaults on the loan?

Thanks.