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Updated 11 months ago on .
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Updated Inventory of performing, cash-flowing, low LTV, real estate backed paper!
https://docsend.com/view/at6uc34nwfqbq65s
RE Nectar, Inc. continuously creates assets backed by low LTV, high cash-flow real estate assets. We currently have about $5.4MM in assets for sale. Terms range from 40 to 60 months. Asset values $100k to $600k. Priced to return 13% to 16% annual IRR to the investor. We will do whole assets or partials. However, these are not typical 1st or 2nd position mortgages. These are "Preferred Membership Interests" in the LLC that owns the tangible real estate asset. The analogy is to mezzanine debt. Arguably, Pref Equity is better than some mortgages. One never needs to foreclose, per se. In a default scenario, the Pref Member simply asserts his contract rights and takes complete control of the property. Assets include single-family (no owner occupied), multi-family, hotel & self-storage. Please invite me to connect with you & we'll talk. Regards, Ed Condon