All Forum Posts by: Brad Herb

This syndication is for the site construction of a 400+ residential subdivision consisting of TH's and S.F. units. A national builder is under contract to purchase all the finished lots to construct the units. The hold time is 1-4 years but expected to be done in 3 yrs. Quarterly dividends will be paid out beginning in Mar 2025 which will treated as capital gain income. The first phase or about half the lots will be short term gains with the possibility that the second phase may qualify as long term gains. The sponsor said the syndication is similar to a Lending Fund. Next week the full offering docs will be made available to review. 

I have an opportunity to invest in a syndication. Initially I was planning to withdraw Roth IRA $ to invest. However, the sponsor said there is an option to invest in the syndication with a SDIRA. I am interested to know the advantages and disadvantages of using a SDIRA. Do the tax advantages outweigh the SDIRA related fees (ie setup, custodian, transaction, asset specific, administrative)? I appreciate any input. thanks!

Hi all, I own a lot outright ($190k) at the Delaware beaches. I am planning to build on on the lot and use it to generate short term rental income until I retire in 8-10 years. I checked into an FHA OTC loan but it had mortgage interest rate over 8% and lifetime PMI payment which I would like to avoid. I am considering constructing a modular home which should reduce the construction period to 4-6 months versus traditional home construction. I am looking for advice how to finance the home construction costs before obtaining a lower interest mortgage after construction is completed. Should I consider private lending, HELOC or another short term lending to fund the home construction? I have excellent credit, $100k in savings, the lot value to use as collateral and about $500k equity in my primary residence. I appreciate feedback. thanks!