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All Forum Posts by: Nazar Trilisky

Nazar Trilisky has started 3 posts and replied 12 times.

Private Lending & Conventional Mortgage Advice

Post: Private Lending Risks and Mitigation

Nazar TriliskyPosted
  • Investor
  • Seattle, WA
  • Posts 12
  • Votes 0

Ok, so the deed of trust can be verified with the county.

One thing to check is that the SAME entity, an LLC in my case, is issuing the trust deed and promissory note. Another check is that the LLC indeed holds title to the property in question. Any other sanity checks?

0 Votes
Private Lending & Conventional Mortgage Advice

Post: Private Lending Risks and Mitigation

Nazar TriliskyPosted
  • Investor
  • Seattle, WA
  • Posts 12
  • Votes 0

Are both a Promissory Note as well as a Deed of Trust needed for a small private loan (~10% of single-family house cost)?  I've gotten two "yes" and two "no" responses regarding the need for a Deed of Trust.  All four people were weathered investors.  Could someone clarify.

0 Votes