Investing in LLC when rates are rising.

[Roy Mitle]

Hi

Is there anyone on this forum who invests in real estate LLC firms. These firms pool in money from investors, buy big appartment complexes, renovate them and re-fi to return money and then sell them for a profit. I have done investments previously in them as a means of diversification.

I was planning to invest in such an LLC which seemed quite good but the rising interest rates is giving me pause. Till now have only invested when rates were going down ie the past years. The sponsors say that is not an issue and they do have a great track record. So asking others who may have gone through this before whether rates would change IRR and cash-on-cash.

Thanks