Trust Deed Investing for Beginners
A complete guide to Trust Deed investing. Everything you wanted to know about becoming a private lender or private money lender or hard money lender.
We break down the basics of trust deeds, who the typical borrowers are, what legal issues can arise and how to underwrite a loan.
We discuss title insurance and the servicing and collection of loan payments.
I explain the loan documents needed and how escrow handles the closing. Of course, there are instances when foreclosure and bankruptcy will have to be dealt with, we’ll cover that and many more pitfalls you should watch out for!
A complete guide to Trust Deed investing. Everything you wanted to know about becoming a private lender or private money lender or hard money lender. We break down the basics of trust deeds, who the typical borrowers are, what legal issues can arise and how to underwrite a loan. We discuss title insurance and the servicing and collection of loan payments. I explain the loan documents needed and how escrow handles the closing. Of course there are instances when foreclosure and bankruptcy will have to be dealt with, we’ll cover that and many more pitfalls you should watch out for!