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Updated over 16 years ago on .

User Stats

619
Posts
75
Votes
Terry Royce
  • Real Estate Investor
  • Baltimore, MD
75
Votes |
619
Posts

Has anyone done something like this?

Terry Royce
  • Real Estate Investor
  • Baltimore, MD
Posted

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

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