"Trust Deed Investing is generally considered a safe investments, but there are risks - just as there are for any investment. In this three-part series, we are tackling some of those risks. In the first post we addressed conflict of interest. In this, the second part we'll look at loan-to-own underwriting. We'll conclude the series with the third pitfall: lack of diversification."
"Trust Deed Investing is generally considered a safe investment, but there are risks - just as there are for any investment. In this three-part series, we are tackling some of those risks. In this issue we address conflict of interest. In the second part we'll look at loan-to-own underwriting. We'll conclude the series with the third pitfall: lack of diversification."
LAS VEGAS, Feb. 19, 2019 /PRNewswire/ -- Ignite Funding today announced that on February 15, 2019 they have distributed more than $50 million dollars in interest income from their Trust Deed investments to their investors over the past 8 years.
Adding commercial real estate to an investment portfolio used to be reserved for the very wealthy. Thanks to new technology, anyone with a couple hundred dollars and an appetite for risk can find an entry point for investments these days. Given the greater accessibility and with the commercial real estate market making a comeback in key cities, it may be time for you to consider this type of investment.
Ignite Funding will be attending the ALTS SV 2018 annual investor forum on September 17th in Silicon Valley. The event is produced by the California Alternative Investments Association and CFA Society of San Francisco. Dawn Pitts, Business Development Executive at Ignite Funding is excited to head back to Silicon Valley, “This is our second year attending ALTS SV and we look forward to educating attendees about Trust Deeds and how they can be utilized as a source for passive income.”
Defaults are always a possibility for anyone lending or investing in a “crowdfunded” real estate development. How the default situation is handled can be detrimental to the return of your initial principle investment. As a loan servicer for Trust Deed real estate investments, Ignite Funding stands behind each and every loan that it originates, often wearing many different hats in order to protect and return investor capital when default situations arise. Ignite utilizes its real estate expertise to act on behalf of its investors as Default Coordinator, and an Asset Manager if a default is to be resolved through foreclosure. At Ignite Funding, we have a proven track record in default resolution that is backed by results to our investors, having worked through and grown from the downturn in 2008.
When borrowers take out a loan for a property, they have to sign a promissory note--a document pledging to repay the loan. Depending on where the transaction takes place, this document could be either a mortgage note or a deed of trust. The main difference between the two is in who holds the title to the property while the borrower is paying off the loan.
Place in the Industry
When Carrie Cook says success in real estate is earned – she knows what she’s talking about.
Every piece of real estate in the United States is subject to property taxes that you will be expected to pay each year. If you fail to pay these taxes your property will become tax delinquent, which is a road down the slippery slope of tax foreclosure. Tax foreclosure is the seizing or repossession of the property by the county or municipality where the property is located.