Has anyone done business with David Garnaco

[Anne Jenkins]

I am looking at doing some private money lending with Garnaco.   The organization looks good, but we all know that looks can be deceiving.  My husband and I will be taking a ride out their way to look over a few of the properties and meet "the team".  

Garnaco rehabs or upgrades properties, then rents them and offers the good tenants a pathway to home ownership. What the investors do is one of two choices.

Invest in the rehab or repair end or invest in the bridge loan after the property is fixed up or "stabilized" thru the period when the tenant gets their own finacing.    Seems fairly safe and the rates are good.   ( 9-11% depending on the type of investment and time frame)

Any experiences,  opinions or suggestions would be appreciated.   Thanks