First National Realty Partners: Any Experience Or Knowledge

[John Thedford]

I found this company on FB. They are offering a part ownership in two large grocery store anchored strips in the NE. They are claiming a projected first year cash return of 8% with an IRR of 16%. The project is 36.5M and buy-in is 50K or more. This would be my first time buying into a deal like this. It is a DE corporation and ownership of the strips will be held in an LLC. I know NOTHING about these types of transactions and I am hesitant to just give someone 50K without a good understanding of what I may be getting myself into.