Because your investment is only as strong as your ability to get your principal back in the event of a default. With HPF, you are in superior position because:
#1) The collateral are desirable single family homes in nice neighborhoods.
#2) As first lien holder on properties located in Texas, it takes less than 60 days to get the property fully into your name upon default. Once in your name, the property can be sold quickly to a wholesaler priced at a discount to get your principal back, or you can finish out the sales process and net the full profit of the rehab yourself. Another option would be to keep the property for rental cash flow.
With a Home Path 1st lien note secured by a deed of trust, private lenders enjoy:
Call today for more information on current APR and terms. See our Brochure for more details.
Read a recent Wall Street Journal article that talks about private lending making a come back here.