- Investing in Trust Deeds
It is time for you to begin to consider venturing into investing in trust deeds. Why you might ask? Because Trust deed investment is a simple thing that could bring you lots of money. While trust deed investing is similar to a mortgage, it differs slightly in that with trust deed investing there are three important people in the process and they are the borrower or the trustor, the lender or the beneficiary, and the trustee. The Trustee is the person who actually purchases the property and in the end, if the trustee is paid as promised, then they won’t have any claim to the property. However, in a trust deed investment, if the borrower defaults, then trustee takes back the mortgaged property.
When you begin to take the journey into investing in trust deeds, there are some rules you need to abide by in order to keep things easy for yourself. One of the rules you have to consider is never buying a note secured by something that in the end, you wouldn’t even want to own. Just think about how you wouldn’t lease a car you didn’t like. The same should go for properties that you invest in. Think of a trust deed investment in much the same way if that helps.
Investing in Trust Deeds
If you’re interested in investing in trust deeds consider perhaps a non-performing notes for sale since they are often sold at a major discount.
Investing in Non-Performing Notes for Sale
Don’t let the name fool you. A Non-performing notes for sale is just another name for ‘secured debts’ and it can bring in a lot of money for you. Even if the non-performing notes for sale doesn’t actually revive its performance, the owner of the note is actually still entitled to the property. Find a trust loan broker today and they can set you up with a non-performing note for sale today around your local area.
- Big Daddy Dennis Hard Money Lender
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