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Private Mortgage Investing: How to Earn 12% or More on Your Savings, Investments, IRA Accounts and Personal Equity--A Complete Resource Guide with 100s ....Secrets From the Experts Who Do It Every Day | 
 enlarge | Authors: Teri B. Clark, Matthew Stewart Tabacchi
Publisher: Atlantic Publishing Company
Category: Book
List Price: $29.95
Buy New: $12.46
You Save: $17.49 (58%)
New (26) Used (9) from $12.46
Rating:  12 reviews
Media: Paperback
Pages: 400
Number Of Items: 1
Shipping Weight (lbs): 1.4
Dimensions (in): 8.9 x 6 x 1
ISBN: 0910627622
Dewey Decimal Number: 332.632440973
EAN: 9780910627627
Publication Date: July 10, 2006
Availability: Usually ships in 1-2 business days
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| Features:
| • | ISBN13: 9780910627627 | | • | Condition: New | | • | Notes: BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed |
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Product Description
In recent years, stock market investing has been proven unstable and not very rewarding. In fact, many people have seen their retirement and personal holding accounts dwindle. This new book provides an alternate to investors. It provides detailed information on how to put money to work in a relatively safe private mortgage investment with a high return of 12 to 15 percent (or more) in most cases. Private mortgages have grown into a multi-billion-dollar industry. This market allows investors to earn substantially higher yieldswhile offering the security of real property to back the loan. Private mortgages have become an important fixed income vehicle for many investors with their personal funds, equity, and self-directed IRA accounts. Private mortgage investing isnt for the get-rich-quick type of person. However, you can comfortably double your money every 4 to 6 years. For example, should you invest in your self-directed IRA and re-invest as notes pay off? $100,000 at 12 percent grows to over $200,000 in six years, to $500,000 in 13 years and to over $1 million in 19 years. Private mortgage loans are backed by real property. Generally, you would not lend more than 55 percent on the value of the property, thus the investment is again relatively safe. Instead of concentrating on the borrowers credit history, private mortgage lenders concentrate their investment decisions on the real property itself. However, like any business or investment, there are a lot of details to learn, and you do not need to learn them on your own. Learning them on your own can be costly. In this economic environment of very low interest rates, you can still earn high yields with virtually little or no risk to your investment.
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| Customer Reviews:
Showing reviews 1-5 of 12
 Private Mortgage Investing October 16, 2009
Grandstan (Chatsworth, CA USA)
The book was very informative, but dealt more in generalities than the specifics I was looking for. I guess that will have to be my next read... The examples were a good way of helping the reader understand. I would recommend the book to anyone that needs a good overview of private mortgage investing.
 Good book, but...... September 22, 2009
Tom Cullen (Hawaii)
Good basic book on investing in private mortgage.
The co-author has a two page advertisement in the back of the book. I called and we were working out a possible loan on a commercial building, but he suddenly stopped answering my phone calls and emails. Not very professional. Maybe he doesn't want to work with small investors. I don't know.
 a book for beginners May 26, 2009
PETER E. GEISHEIMER (Venice, FL)
0 out of 1 found this review helpful
it's a good book, however mostly for whoever has never read much on the subject.
Midlevel Overview of Private Mortgage Lending May 24, 2008
GreyFox (Dallas,TX)
5 out of 5 found this review helpful
This is an excellent first book on the subject of private mortgage lending.
If you have no idea if what private mortgage lending is about, it has enough detail for you to understand what the business is about and how to get started.
In my opinion, it does not spend enough time explaining the "Gotchas". It has plenty of information to get you started but not enough to keep you out of trouble.
If you are interested in engaging in this business as a lender, by all means buy this book first, but when you have read it two or three times, be aware that you need to know a lot more about troubled borrowers, real estate inspections and appraisals, real estate title problems, bankruptcy, and local forclosure laws and procedures before you start lending your own money.
Mortgage broker learned a lot from this book April 6, 2008
Kay Gotz (CA)
3 out of 3 found this review helpful
This is a very helpful book on the topic of hard money loans. It also touches on investing in discount notes. Even an experienced investor will find some helpful nuggets of information in this book. This book not only showed me the way to safely invest & build personal wealth, but it gave me insight as a mortgage broker looking to place my clients with hard money loans. I called and spoke with co-author Matt Tabacchi recently, and he is still in business with 4 branch offices...I may even place some of my money with him to lend in Florida.
Showing reviews 1-5 of 12
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