Deed-of-trust

If you are into trust deed investment or brokering this is THE BOOK to have. Beg, borrow or steal a copy. Do anything you have to, but get this book!

For the person who is interested in really learning how to invest in Trust Deeds, this is without a doubt the best guide you will ever find. George Coats' coverage of this subject is very thourough and complete. I have been investing in trust deeds for some years, and luckely found this book shortly after it was written. It has been my bible ever since. The laws may be somewhat different in other states, but the principals and guidelines he provides are wonderfull. This book has helped me to avoid may pitfalls in making private loans. Required reading for anyone interested in this subject.

I originally ordered this book direct from the Stefanchik organization via a direct mail piece sent to me. While I found the book very informative and educational in regards to the world of buying and selling paper, it also served as a primer for a follow-up telemarketing call from a Stefanchik representitive selling a rather pricy course on the said subject.

This is a very interesting book. It goes into the world "Second Trust Deeds" and "Takeback Notes" and really gives you a bird's eye view of this business. Unfortunately it will not work for 90% of the people.

When I was first introduced to privately held Second Trust Deeds it was as an investment. These Seconds can be as high as 18% or 20%. It's a great way to beat CD's. Unfortunately, these percentages are harder to come by in this easy mortgage environment. Many of the ones available are in neighborhoods that secondary investors would not want to buy in.

The other flaw in his logic is selling before you buy. Many holders of these notes want some type of deposit to hold the not why you find a purchaser.

Lastly, this is a nickle and dime industry. You are trying to make 2% to 3% differences here and there, sometimes you can sometimes you can't. There is really no way of really fulfilling the promises of the title without working this program full time.

I have an investment advisor for 11 years, I focus on futures and commodities, and I have written three books on the subject. I know when the facts are being presented and when it is just baloney. Stefanchik has some facts...too bad it's mixed in with the baloney.

John Sfefanchik has written a very good book on cash flow with discounted mortgages. This information is just as vital now as it was back in 1994 when it was first written. Some companies charge as much ...[way to much] for a 2 day seminar for the same information.

I have never before seen a book with so many grammatical errors. I don't care about "proper English" but this is so bad, it's hard to read. It's even harder to take advice from a book that was obviously not done professionally. Don't waste your money.

This was a waste of my money. A junior high school student could have told me more.

Plenty of other books to buy on real estate ASIDE from this one.

Konipol is KLUELESS!! :-)