California Real Estate Investments
Information for Investors
(California Investors Only)
Aztec Financial offers short-term trust deed/mortgage investments for the private investor, at significantly higher returns than bank rates. Loans are secured by trust deeds (nearly always a first trust deed) on the borrower’s real property. Our loans generally do not exceed 65% to 75% of the appraised value of the property. In some cases, Aztec will do a second with their own money behind you which further enhances your position.
Aztec Financial’s primary niche is dealing with Fix and Flip buyers — seasoned and experienced contractors/brokers/investors who specialize in acquiring fixer properties far below market value. These buyers/borrowers purchase bank owned properties and then have their work crews refurbish them.
Once refurbished, the properties will either be refinanced using conventional loans and rented for income, or sold at a profit. Our loans are typically due in one to two years. The properties are usually fixed up and sold within four to twelve months of purchase. Aztec Financial will also lend to borrowers looking for cash out on residential or commercial property with sufficient equity.
All loans before they are sold will include appraisals by an outside licensed and bonded independent fee appraiser. Most of our rehab loans are for cosmetic repairs such as interior/exterior paint, carpets, and new cabinets. The typical rehab budget is between $20,000 to $50,000 and shall be held in reserve until repairs are completed.
Money for each item of work is released to the borrower only after our in-house inspector has evaluated the work to be done and has verified its completion. Aztec Financial provides a win-win situation for everyone. Our borrowers win because they make a profit on each transaction. Aztec and its investors win because we typically earn 7-9% on the money they invest.
Investing in trust deeds can help your retirement funds to grow, or provide current income. Aztec Financial’s trust deed investments are approved for IRA or corporate retirement accounts. We sincerely believe that this is one of the best investment choices available today, offering high returns with low risk. We have funded thousands of loans very successfully since 1987 and earned a very loyal following of repeat investors who continue to do business with us year after year.
If you would like to find out more information about potentially investing with us you can call us at 1-800-663-0997 and ask for Joel Hoffman or contact us here.