Hard money lending - Posted by Robert Campbell

Posted by Robert Campbell on August 12, 2009 at 19:31:05:

Thanks Rick!

I too have the George Coats book - but it’s been packed away in storage for years.

I wasn’t aware that Coats covered hard-money lending in his book - because I haven’t read it in 30 years.

I’ll send you an email for other titles.

Best wishes,

Robert Campbell

Hard money lending - Posted by Robert Campbell

Posted by Robert Campbell on August 12, 2009 at 18:26:07:

Does anyone know any good books and/or real estate courses that spell out the do’s and don’ts of hard money lending?

Thank you.

Robert Campbell

Re: Hard money lending - Posted by Rick, the Probate Guy

Posted by Rick, the Probate Guy on August 12, 2009 at 18:55:21:

Hi Robert - George Coats’ book, “Smart Trust Deed Investment in California” is the classic reference guide, however its out-of-print and George has gone to the big investor forum in the sky. If you can get your hands on a good used copy via Ebay or Amazon, that’s an excellent starting place.

Lots of other stuff, but George’s book is still #1. You’re welcome to check out my personal library if you are in my area. Email me offline and I try and help you find a few other titles.

I’ve been an active hard money lender since about 1989.

Here’s my 5 second hard money course:

  1. Focus on equity and title
  2. Don’t lend on anything you wouldn’t want to own
  3. Trust but verify.
  4. Bone up on CA & Fed lending laws