- Trust Deed Investing
Congratulations! If you are here it means that you are looking seriously into trust deed investing and you’re ready to get it started.
You might be a little worried about this endeavor, but don’t be. Even thought trust deed investing can seem confusing at first, it really is simple as long as you do your homework.
As you know by now, trust deed investing is a major financial stepping stone for a person, so it is really important that you know as much as you can before you even begin. The more comfortable you are with trust deed investing, the better and easier the experience will be.
Get Started with Trust Deed Investing
But where to start? There is a ton of information about deed of trust investing out there and it might be strange to go in and try to figure out what everyone’s talking about if you don’t know the basics. So let’s start there.
First, you’re going to have to figure out if your trust deed investing is going to be secured by a whole (one lender/note holder) or a fractionalized (more that one lender/note holder) deed of trust. Your mortgage broker should then help you to figure out the different regulations that are assigned to each kind of lender/note holder.
We can give you a couple straight facts about trust deed investing though to give you a head’s up: Fractionalized promissory notes and deeds of trust are, as you might suspect, subject to regulation by the DRE (Real Estate Law) and the DOC (Securities Law). The Real Estate Law is even known as the “multi-lender law,” to those in the know and these laws enforce restrictions including things like the mortgage loan broker must service your loan and have a written agreement with you and no more than ten lenders at a time on a single investment. Whew, that’s a lot to remember about trust deed investing, but that’s why you have a trustworthy mortgage loan broker to assist with your deed of trust investing.
- Big Daddy Dennis Hard Money Lender
No comments:
Post a Comment