With investors interested in Palm Desert Capital’s trust deed investing business model; PDC finds itself with an increase in capital. Investors receive a 10% return secured to real estate with an equity position of 35%. There has been $925,000 investment dollars lent out in March.
A trust deed investment opportunity for $600,000 in San Clemente, California is currently being put together. The first trust deed investment is being offered with the rate of 9.5%. The loan will have be at 70% loan to value; 30% equity.
If you need a loan or would like to invest contact the Palm Desert Capital.
- The need for private funding has shifted over the years. Private money lenders, once very hard to locate, have popped up everywhere. The “hard money” lender have tripled since 2010, according to the California Department of Real Estate. The “Fix and Flip” loan, seen on popular television programs, demonstrates how real estate investors can get capital easily through private sources, rather than the traditional bank loans has fueled this market.
- Also, the returns from traditional markets have been beaten down leaving an alternative, the much higher and safer returns of Trust Deed investing.
- More individuals with capital are being educated on Trust Deed investing, more capital is flowing reducing the returns. It was common to receive twelve (12) percent return on a Trust Deed investment, today anything above double digits is unheard of.
- Palm Desert Capital has continued to be stealth like in the real estate market, getting out of real estate investments in the Coachella Valley, knowing that that Canadian buyers, or lack of them, would have a negative effect on property values. There are still good first trust deed loans out there.
If you need a loan or would like to invest in Trust Deeds, we are here to help.
Here is part two of our video series showing a recent investment in Rancho Mirage California.
Here is part one of our video series showing a recent investment in Rancho Mirage California.