It’s easy, just call us and give us the dollar amount you want to place and we’ll tell you what we have available. You would then send a check to the title company and they would set a closing date, it usually takes 10 business days to complete. You can expect to receive your first monthly check about 45-days after closing. … [Read more...] about HOW CAN I GET STARTED?
Yes, the title company and an experienced real estate attorney will prepare all the necessary legal documents to close the transaction. They will file the Deed of Trust for you at the courthouse, and issue a title policy in your favor guaranteeing a clear first lien title to the property. They will make sure all back taxes are paid and a hazard insurance policy is in place on the property. We can also act as the servicer on your mortgage note and collect the monthly payments and disburse all … [Read more...] about IS MY MONEY SAFE AND SECURE?
Real estate has a long history of outperforming most fixed income investments such as bonds or CD’s and even stocks. Pension funds and insurance companies invest billions of dollars each year in real estate mortgages as well as our own government, most of it is retirement money from individuals like yourself. If you want safety and income, this could be the perfect investment for you and your family and you will also be helping another family that needs the funds. … [Read more...] about WHAT MAKES THIS OPPORTUNITY BETTER THAN OTHERS I’VE SEEN?
Yes, IRA Keogh and SEP Rollovers are acceptable. This is a great way to get more money in your retirement account. You will need to set up a self-directed IRA account with a trust company to receive the funds from your current trustee in order to avoid any tax consequences. We can give you the necessary forms to fill out if requested. … [Read more...] about CAN I USE THE FUNDS IN MY RETIREMENT FUND OR IRA FOR THIS INVESTMENT?
Nothing remember, the 1st lien position is 65% or less of the market value and since you hold the 1st lien, you get paid first. You can foreclose on the property and sell it yourself and if the borrower seller the property or refinances the title company at closing will contact you to get a current payoff letter and collect your funds for you at settlement and wire the funds directly to you. So it doesn’t really matter whether we are still in business or not your investment is safe and secure. … [Read more...] about WHAT IF YOUR COMPANY GOES OUT OF BUSINESS?
The borrower is unable for some unforeseen reason or to make the monthly payments on time and defaults on the mortgage. If that happens, then we will have to foreclose on the property which can be a good thing as all of our mortgage notes are always in 1st position with a great LTV so there is a lot of equity/profit in the property. Many investors invest in mortgage notes hoping the borrower can’t pay. If this happens we will assist you throughout the entire process. … [Read more...] about WHAT IS THE WORST THING THAT CAN HAPPEN?