What is the process to invest in trust deeds? | Trust Deeds #6

Bruce Norris and Craig Hill from The Norris Group talk about the process of getting a trust deed going and what the borrower does to apply for a hard money loan. They discusses the typical inventory The Norris Group lends on including residential, some units, and the occasional commercial project in Southern California. Bruce talks about pooling loans and what to watch out for and the difference with whole note investing. They talk about some of the biggest mistakes potential trust deed investors make.
They two discuss also what paperwork is required in a trust deed investment and what happens when an investor moves forward with a trust deed including the appraisal review, funding requirements, and the timeline for needing paperwork back. Then, they cover what to expect as the investment goes along.
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