Posted by Clarence Demorest on August 15, 2000 at 19:39:30:
looking for information on Clarence Demorest
Note Vetrans: Lending at Adjustable vs. Fixed Rates - Posted by T jent
Posted by T jent on June 21, 2000 at 02:24:13:
So far I have invested only in actual RE and not notes. I am lately seeing the rising interest rates cut into my cash flow, and I am trying to devise the best investment that would hedge the risk of fluxuating interest rates. Treasury bills are an option, but the yield (what is it now? around 6%?) is too modest. I like the notion of note investing, and especially creating notes; however, from what I observe it seems these are typically made at fixed interest rates, which does not solve my problem. I want something that goes UP in yield when MY RE loan payments (interest rates) increase, in order to make my overall yield more consistent. What is the reason nearly all second TD notes bear fixed rates and not adjustable? Is it simply that the typical private lender does not want the complication of changing the payments as the chosen index changes? Thanks in advance for any insights you can give to this note novice.