Personal note investing

[ Follow Ups ] [ Post Followup ] [ CREOnline Cash Flow Q&A ]

Posted by Bob on May 03, 2008 at 10:20:56:

I have about 300K in Cd's and some Sep-Ira money and was thinking about investing in notes to get a better return. I have several questions.

1. Is it better to go through a broker, or use direct mail to get my own notes.

2. I read the book Private Mortgage Investing by Mathew Tabacchi and he stated you could get 12% return on your investment, however I thought the California interest limit is 10%. Could some one explain this to me?

3. Would getting a brokers license be of any value in my investing?

4. Is there a course or books for individual investors available for personal investors, not for the mortgatge business.

5. If I purchase trust deeds in my ira, how do I know the trustees holding the ira are trust worthy?

6.If I invest with mortgage broker on
a fractional trust deed, who holds the title to the deed?

7. Are there individuals that would charge a hourly fee like a cpa or attorney to assist individuals like me investing in trust deeds or private mortgages?

8. I have read in the newspapers where individuals, mostly senior citizens purchase trust deeds and end up being scammed. What should I be aware of so I do not get scammed?


Bob




Follow Ups:


Post a Followup

Name    : 
E-Mail  : 
Subject : 

Comments:

[ Follow Ups ] [ Post Followup ] [ CREOnline Cash Flow Q&A ]

CRE Online, Inc. © 2007, All Rights Reserved.
creonline.com