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Updated almost 4 years ago,
Mezzanine funding is more attractive than you may think!
I have been providing mezzanine funding for the past 4 years in several spaces: single family fix &flip, subdivision development and apartments.
Returns are generally in the 12-25% range and there a number of equity possibilities.
Would love to meet others that have done something similar and trade stories.
Yes, you are in second position which is the major downside and you generally need a larger investment $100k+ but the returns in quality projects exceed the risk.
What are your experiences???