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Updated over 16 years ago,
Has anyone done something like this?
Another Investor I have worked with brought this to me. If I were to do something like this, what should I be aware of and what pitfalls should I look for.
What he's looking for:
Investments in the 30K-40K range (you're welcome to invest more if you like)
12-18 month term
What he's offering:
13%-14% return
Paid out monthly
Here are the highlights:
-Business is a boutique lender looking to expand capital
-Provides short term loans to builders, both commercial and residential
-Long track record of success
-12-18 month term
-Offering 13-14% annual return, paid monthly
-Your money would be held in a real estate attorney's trust