David L.
Need feedback on starting Trust Deed Investing
7 June 2014 | 2 replies
Intermediaries are people who perform a service, like licensed brokers and agents.Successful trust deed investors are typically people who understand the collateral (real estate) and have some experience working with the property type that the loan(s) secure (SFR's, or apartments, commercial or land).
Sean M.
Any one bought a note going into Chapt 7?
29 September 2014 | 11 replies
Apparently there is a "deferred principal" of $131,000 with Chase that did not show up on any collateral, O& E or credit report.
Nick Gray
Thoughts on Corporate 401k Contributions?
9 August 2017 | 24 replies
The rate is low, something like libor +1% , however the loan is collateralized by moving market positions to cash and therefore you are missing out on the average 7% market returns., so the overall rate is closer to 8-9%, so its a tradeoff of opportunity cost versus convenience.
Lucas Mills
Does investing in notes make sense with limited capital?
20 August 2017 | 5 replies
You may be thinking of something such as a collateral assignment.
Jairmiya St. Hilaire
Help in the Commercial Real Estate Space!
26 February 2018 | 4 replies
Often, buyers had 'substitution of collateral' clauses put in private mortgage docs, and it wasn't all that uncommon to have three or more mortgages on a single property.
Vincent Pirrone
Do I need 2 years of work history?
6 January 2018 | 10 replies
Eventually, you will not need to find a partner because you will have established work history, credit, and equity in the first deal that you can use as collateral.
Neil Metzger
Selling an LLC that owns a single home & has an HML in place
1 January 2017 | 4 replies
I would think if its a up and running HML then there is a PG attached to the loan... the loan is on the collateral not the LLC...
Jim Jopling
New Member & Beginning Investor from El Paso, Texas
10 March 2017 | 9 replies
In that case you would have to get the collateral files to do most of your due diligence.
Roger Chan
Taking a HELOC for 2nd home/move-up home (SF Bay Area)
10 July 2018 | 9 replies
Fannie Mae actually explicitly uses artwork and collectibles as examples of collateral you can borrow against for a down payment, not just real estate, but I've so far not tried to be a smart alec and use a smiley face drawn on a napkin as "artwork" collateral.
Jimmy Warr
Unsecured Loans
4 March 2016 | 6 replies
you don't want an unsecured loan to finance good collateral.