For the investor that doesn't care for the burden of owning and operating rental property, we can offer an alternative Real Estate backed investment, Contracts for Deed and Privately held Mortgages.

Contract for Deed
Contracts for Deed can be purchased at discounts that produce yields from 12 1/2% to 18 1/2%. The amount of risk can be controlled by the investor's choice of discounts and needed yields. High equity contracts are preferable and Real Estate "usually Homes" are the contract collateral. Contracts make an excellent investment and provide monthly income. Risk can run from virtually none to high.

Private Mortgages
If you require or need an investment that carries very little risk and will show returns of 101/2% to 14%, private mortgages should be considered. Real Estate equity positions between 30% and 50% back the mortgage investment and because of the high equity in the property, the Real Estate broker may stand behind the performance of the mortgagor by guaranteeing payments in exchange for taking ownership of the property in the event there is a foreclosure action.