Here's a Safe Alternative to the Stock Market
Are you getting consistent 10-15% or more yields from your CD's,
Stocks, Savings Accounts, IRA's and other investments? If not,
read on...
by Steve Groom Did you know that there is a very safe investment
that produces consistently high yields while at the same time
provides security and liquidity? I'm referring to an investment
secret that banks and financial institutions use. Smart people
have been utilizing this investment for years. This secret is
very common in real estate circles and has been going on right
under your nose in every city in America. It's called mortgage
lending. So how is that a big secret you might ask? The secret
part of this is that you can make this same type of investment
and make far more than a regular bank does!
If you have funds to invest but are afraid to try your hand at
the stock market because of the massive losses experienced in
recent years, private mortgage lending might be the perfect
investment tool for you. As a private lender you can make a high
rate of return on your investment. How high? How about 10, 12,
15% ... and sometimes even higher!
So how does this work? Real estate investors often come across
great deals and they need to get them funded quickly in order to
close the deal. We are referring to investors who buy run down
properties at a deep discount, fix them up and then sell them
for a great profit. These "rehabbers" need access to money
quickly and can't wait months for a traditional bank to wade
through all the paperwork.
Now you can get in on this lucrative business without even
picking up a hammer. Basically, you become the bank in a real
estate purchase. You lend your money on a piece of real estate
the same way that a bank does. The difference is that you can
make a lot more than a bank and ... your investment is much
safer!
Since you have funds ready and waiting to be invested, you are a
real estate investor's dream come true. Investors are willing to
pay you high rates of interest for quick access to money when
they need it in order to pick up a great deal. Plus, these
rehabbers typically only need to borrow 70% or less of the
house's value in order to buy and fix it up.
So how is this possible? These investors know how to spot
properties that need work, and how to find sellers who want to
dump their property and are willing to accept a deeply
discounted price just to get rid of it!
What this means to you as the lender is that your money is
secured against a piece of real estate for only 70% of what it's
worth. Should you ever need to recover your funds you can take
back a piece of property worth far more than the amount that you
put into it. This "equity cushion" allows you to sell the
property, if necessary, and still make money. Even banks aren't
that secure in their investments. Banks can get in trouble
because they make loans at 90%, 95% or even 100% loan to value
ratio. They leave no room for error.
Most of these rehabbers only need the money for a short period
of time. Since they are buying the property to fix up and
resell, they do not need a 30-year mortgage as a regular home
buyer would. Therefore, you get your investment capital back in
a short period of time at a much higher rate of return than a CD
held for the same amount of time.
When investing your funds make sure the transaction is set up
with an attorney or title company. Never hand an investor a
check. Make sure the investor gets title insurance and property
insurance with you named as "loss payee" to protect your
investment. Know what you are getting into and what the investor
intends to do with the property.
After providing the funds, you will get a mortgage or trust deed
in first position recorded against the property. You now have
used the same technique that the banks use except you are making
a much better return and a much safer investment.
Want to earn 15% in your IRA or pension plan? Making real estate
loans is now a widely accepted use for retirement funds. Now you
can loan out these funds that were previously unavailable for
you to use, plus make them grow tax-deferred or tax-free! While
there are limits to how much you can contribute to an IRA each
year, there are no limits to how much your IRA can earn. You're
not contributing funds, now you're investing those funds!
Private mortgage lending is a great way to build wealth that
most people aren't even aware of! Now you can take control of
your IRA funds, pension plans, savings accounts and CD's and
earn high yields safely and securely. While others are
complaining about the low rates and losses they have incurred,
you can be earning a consistent return of 15% or more!