Granted, I know the 4% is supposed to hold over the investment while rent 'matures', the property is refinanced and the investors get their money back from appreciation. Simple enough, right? I don't doubt the area, or the possibility, but the webinar to announce this opportunity was very off-putting for me. When initially I was intending to put down 10k, I'm not sure I even want to be part of this deal, GC Capital, or any syndicator in the future.

Forgive me for the rant, but what really irked me was: the lack of any concrete financial details at all. I wanted to know how much debt they were incurring on the deal, 25-35%, right? What was the interest rate? What are the expenses for the property? What is the breakdown for said expenses? How many units are currently rented? How many competing offers were there? etc.

I don't want to be rude, but the people on the call were just stupid. Multiple people asked if the 4% return was every month. Another said she doesn't have even a hundred dollars to her name, but would borrow $2,000 from their cousin. A lot of other callers seemed so hyped up they almost seemed like they were planted there intentionally. What was the most annoying part was that Grant just kind of fed the mob on this. Agreeing that you should borrow someone elses money for this investment, using silly catchphrases, and telling everybody unquantitative deails about the deal. The whole thing was an hour and a half, and all the financial details of the deal were discussed for ~3 minutes.

Question for you all. Should I be looking for more details on this deal, or just disregard entirely? I got the pigs being led to slaughter vibe- is this normal for investing with syndicators? Would you invest with GC or do literally anyone else who isn't surrounded by so much hype?

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