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 (Paperback)

by Teri B. Clark (Author), Matthew Stewart Tabacchi (Author) "Real estate is an often overlooked investment option..." (more)
Key Phrases: Matt Tabacchi, Case Study, North Carolina (more...)

Editorial Reviews

Review
"A must read for Investors. If you want a good return on investing in private mortgages...read this book." -- Kevin A. Dunlap, Trident Investments, Real Estate Investor

"A must read for Investors. If you want a good return on investing in private mortgages...read this book." -- Kevin A. Dunlap, Trident Investments, Real Estate Investor<br /><br />“A must read for Investors. If you want a good return on investing in private mortgages...read this book.” --Kevin A. Dunlap, Trident Investments, Real Estate Investor

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 yields—while 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 isn’t 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 borrower’s 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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Product Details

• Paperback: 400 pages
• Publisher: Atlantic Publishing Company (January 30, 2006)
• Language: English
• ISBN-10: 0910627622
• ISBN-13: 978-0910627627
• Product Dimensions: 8.9 x 6 x 1 inches
• Shipping Weight: 1.4 pounds (View shipping rates and policies)
• Average Customer Review: 4.7 out of 5 stars See all reviews (10 customer reviews)
• Amazon.com Sales Rank: #65,421 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

7 of 8 people found the following review helpful:

5.0 out of 5 stars Why Didn't I Know This Sooner????, July 25, 2006

By	Investor - See all my reviews

I've been struggling with my investments for years. Watching the stock market fluctuate and watching my nest egg get smaller and smaller has caused me incredible stress. After reading this book, I KNOW what to do! Private Mortgage Investing is a safe and practical way to earn high interest with an investment of $10,000 or more. And to find out that I can use my IRA money - just too good to be true! If only I had known this 20 years ago!! It is a must read if you are an investor - whether you know anything about real estate or not.

6 of 7 people found the following review helpful:

5.0 out of 5 stars Invest in this book today, January 2, 2007

By	Big Daddy (TN) - See all my reviews

This book is straightforward and gives you a tremendous amount of information about investing in private mortgages. Unlike a lot of books of the investment genre, it does not try to sell you on services provided by the authors. In fact, I wish the book had a bit more reference material for making contacts to get started with this type of investing.

3 of 3 people found the following review helpful:

5.0 out of 5 stars Mortgage broker learned a lot from this book, April 6, 2008

By	Kay Gotz (CA) - See all my reviews

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.