[34f3f3f]

I just read the Norris Group (see above) ebook, and a startling realization at the very end of it, is that the loan to value ratio (LTV) is based on appraised values. The authors go to lengths to explain (including on their video) that this provides enough skin in the game, for lender peace of mind. That seems like very little skin in the game to me, relying too much on realizing your capital in the event of default, as opposed to financial pressure on the borrower to follow through. I wonder if this is typical? Just my tuppence.

[34f3f3f]

I just read the Norris Group (see above) ebook, and a startling realization at the very end of it, is that the loan to value ratio (LTV) is based on appraised values. The authors go to lengths to explain (including on their video) that this provides enough skin in the game, for lender peace of mind. That seems like very little skin in the game to me, relying too much on realizing your capital in the event of default, as opposed to financial pressure on the borrower to follow through. I wonder if this is typical? Just my tuppence.

[34f3f3f]

I just read the Norris Group (see above) ebook, and a startling realization at the very end of it, is that the loan to value ratio (LTV) is based on appraised values. The authors go to lengths to explain (including on their video) that this provides enough skin in the game, for lender peace of mind. That seems like very little skin in the game to me, relying too much on realizing your capital in the event of default, as opposed to financial pressure on the borrower to follow through. I wonder if this is typical? Just my tuppence.

[34f3f3f]

I just read the Norris Group (see above) ebook, and a startling realization at the very end of it, is that the loan to value ratio (LTV) is based on appraised values. The authors go to lengths to explain (including on their video) that this provides enough skin in the game, for lender peace of mind. That seems like very little skin in the game to me, relying too much on realizing your capital in the event of default, as opposed to financial pressure on the borrower to follow through. I wonder if this is typical? Just my tuppence.

[34f3f3f]

I just read the Norris Group (see above) ebook, and a startling realization at the very end of it, is that the loan to value ratio (LTV) is based on appraised values. The authors go to lengths to explain (including on their video) that this provides enough skin in the game, for lender peace of mind. That seems like very little skin in the game to me, relying too much on realizing your capital in the event of default, as opposed to financial pressure on the borrower to follow through. I wonder if this is typical? Just my tuppence.

[34f3f3f]

Not at all. This was one of the more on-topic highjacks, and thanks for the insight to boot. The picture I am building from you and EconProf is be wary, but not altogether deterred. EconProf, thanks for the historical background stuff.

The ebook I mention above does a good job of covering most of the obvious questions, but I’m not totally convinced by explanations as to why anyone would borrow at such high rates. For example, it may be that quick loans are part of what happens ‘out there’, but that doesn’t give the investor much time for due diligence.

For anyone else interested, Cal State website offers a PDF download called “Trust Deed Investments. What you should know.” Skimpy on details but a good starting place. http://www.dre.ca.gov/pdf_docs/forms/re869.pdf

[34f3f3f]

Not at all. This was one of the more on-topic highjacks, and thanks for the insight to boot. The picture I am building from you and EconProf is be wary, but not altogether deterred. EconProf, thanks for the historical background stuff.

The ebook I mention above does a good job of covering most of the obvious questions, but I’m not totally convinced by explanations as to why anyone would borrow at such high rates. For example, it may be that quick loans are part of what happens ‘out there’, but that doesn’t give the investor much time for due diligence.

For anyone else interested, Cal State website offers a PDF download called “Trust Deed Investments. What you should know.” Skimpy on details but a good starting place. http://www.dre.ca.gov/pdf_docs/forms/re869.pdf

[34f3f3f]

Not at all. This was one of the more on-topic highjacks, and thanks for the insight to boot. The picture I am building from you and EconProf is be wary, but not altogether deterred. EconProf, thanks for the historical background stuff.

The ebook I mention above does a good job of covering most of the obvious questions, but I’m not totally convinced by explanations as to why anyone would borrow at such high rates. For example, it may be that quick loans are part of what happens ‘out there’, but that doesn’t give the investor much time for due diligence.

For anyone else interested, Cal State website offers a PDF download called “Trust Deed Investments. What you should know.” Skimpy on details but a good starting place. http://www.dre.ca.gov/pdf_docs/forms/re869.pdf

[34f3f3f]

Not at all. This was one of the more on-topic highjacks, and thanks for the insight to boot. The picture I am building from you and EconProf is be wary, but not altogether deterred. EconProf, thanks for the historical background stuff.

The ebook I mention above does a good job of covering most of the obvious questions, but I’m not totally convinced by explanations as to why anyone would borrow at such high rates. For example, it may be that quick loans are part of what happens ‘out there’, but that doesn’t give the investor much time for due diligence.

For anyone else interested, Cal State website offers a PDF download called “Trust Deed Investments. What you should know.” Skimpy on details but a good starting place. http://www.dre.ca.gov/pdf_docs/forms/re869.pdf

[34f3f3f]

Not at all. This was one of the more on-topic highjacks, and thanks for the insight to boot. The picture I am building from you and EconProf is be wary, but not altogether deterred. EconProf, thanks for the historical background stuff.

The ebook I mention above does a good job of covering most of the obvious questions, but I’m not totally convinced by explanations as to why anyone would borrow at such high rates. For example, it may be that quick loans are part of what happens ‘out there’, but that doesn’t give the investor much time for due diligence.

For anyone else interested, Cal State website offers a PDF download called “Trust Deed Investments. What you should know.” Skimpy on details but a good starting place. http://www.dre.ca.gov/pdf_docs/forms/re869.pdf

[34f3f3f]

Thanks (again) EconProf for sharing your experiences. Would it be discourteous to ask whether you invested in Trust Deeds with commercial real estate, and/or income producing properties? Did you use a broker, or go solo?

I googled and found this guy, who gives the low down, and has written a free ebook. I can’t find the link for the download, but he sent me a copy by email when I asked him some questions. The book is not a “How to Get Rich”, book and emphasizes a steep learning curve. However, it is how he makes living. Here’s his website http://www.privatemortgagefinancing.com/

[34f3f3f]

Thanks (again) EconProf for sharing your experiences. Would it be discourteous to ask whether you invested in Trust Deeds with commercial real estate, and/or income producing properties? Did you use a broker, or go solo?

I googled and found this guy, who gives the low down, and has written a free ebook. I can’t find the link for the download, but he sent me a copy by email when I asked him some questions. The book is not a “How to Get Rich”, book and emphasizes a steep learning curve. However, it is how he makes living. Here’s his website http://www.privatemortgagefinancing.com/

[34f3f3f]

Thanks (again) EconProf for sharing your experiences. Would it be discourteous to ask whether you invested in Trust Deeds with commercial real estate, and/or income producing properties? Did you use a broker, or go solo?

I googled and found this guy, who gives the low down, and has written a free ebook. I can’t find the link for the download, but he sent me a copy by email when I asked him some questions. The book is not a “How to Get Rich”, book and emphasizes a steep learning curve. However, it is how he makes living. Here’s his website http://www.privatemortgagefinancing.com/

[34f3f3f]

Thanks (again) EconProf for sharing your experiences. Would it be discourteous to ask whether you invested in Trust Deeds with commercial real estate, and/or income producing properties? Did you use a broker, or go solo?

I googled and found this guy, who gives the low down, and has written a free ebook. I can’t find the link for the download, but he sent me a copy by email when I asked him some questions. The book is not a “How to Get Rich”, book and emphasizes a steep learning curve. However, it is how he makes living. Here’s his website http://www.privatemortgagefinancing.com/

[34f3f3f]

Thanks (again) EconProf for sharing your experiences. Would it be discourteous to ask whether you invested in Trust Deeds with commercial real estate, and/or income producing properties? Did you use a broker, or go solo?

I googled and found this guy, who gives the low down, and has written a free ebook. I can’t find the link for the download, but he sent me a copy by email when I asked him some questions. The book is not a “How to Get Rich”, book and emphasizes a steep learning curve. However, it is how he makes living. Here’s his website http://www.privatemortgagefinancing.com/

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