Pine Financial Group Fund V

[Joseph Romano]

BiggerPockets Money podcast has mentioned a few times about Pine Financial Group Fund V as a "truly passive real estate" investment. After looking into their website it sounds like a great option for true passive real estate investing.

Here are some key take away from their brochure...

- No lockup period

- Monthly distributions with no fees

- 14 years in the business

- Over 2,000 loans originated

- Stringent lending process with solid approval guidelines

- Promises an 8% hands free return

- Combines private cash and IRA investors into a pool for loans

- Funds are used by real estate investors to buy and rehab distressed properties which are insured and liens have appropriate title insurance

They have 300+ inventors, closed 2,000+ loans, $550m+, and 0 loser since 2008 when they opened. Their loans are rehabs, commercial bridge, portfolio, and 90% acquisition. Their minimum investment is $25k. This seems like a GREAT deal and good way to get into real estate especially with the limited inventory in my area and this being my first "investment". They want to protect their investment as much as I want to protect mine so it makes sense why they can almost guarantee an 8% return, it makes sense right? Check out their website here.

Questions:

What are your thoughts? Almost anything that has a guaranteed rate of return makes me want to scream and run the other direction, but this seems different. Has anyone invested with them? If so what are your thoughts with them? Are they truly a hands-free investment option?