All Forum Posts by: Joseph Romano

 Now after re-reading the brochure, I do not see a guarantee. What I do see is on the back of the brochure it says "Call or email us today to start earing 8%"  

 Have you gotten an 8% return since working with them?

BiggerPockets Money podcast has mentioned a few times about Pine Financial Group Fund V as a "truly passive real estate" investment. After looking into their website it sounds like a great option for true passive real estate investing.

Here are some key take away from their brochure...

- No lockup period

- Monthly distributions with no fees

- 14 years in the business

- Over 2,000 loans originated

- Stringent lending process with solid approval guidelines

- Promises an 8% hands free return

- Combines private cash and IRA investors into a pool for loans

- Funds are used by real estate investors to buy and rehab distressed properties which are insured and liens have appropriate title insurance

They have 300+ inventors, closed 2,000+ loans, $550m+, and 0 loser since 2008 when they opened. Their loans are rehabs, commercial bridge, portfolio, and 90% acquisition. Their minimum investment is $25k. This seems like a GREAT deal and good way to get into real estate especially with the limited inventory in my area and this being my first "investment". They want to protect their investment as much as I want to protect mine so it makes sense why they can almost guarantee an 8% return, it makes sense right? Check out their website here.

Questions:

What are your thoughts? Almost anything that has a guaranteed rate of return makes me want to scream and run the other direction, but this seems different. Has anyone invested with them? If so what are your thoughts with them? Are they truly a hands-free investment option?

BiggerPockets Money podcast has mentioned a few times about Pine Financial Group Fund V as a "truly passive real estate" investment. After looking into their website it sounds like a great option for true passive real estate investing.

Here are some key take away from their brochure...

- No lockup period

- Monthly distributions with no fees

- 14 years in the business

- Over 2,000 loans originated

- Stringent lending process with solid approval guidelines

- Promises an 8% hands free return

- Combines private cash and IRA investors into a pool for loans

- Funds are used by real estate investors to buy and rehab distressed properties which are insured and liens have appropriate title insurance

They have 300+ inventors, closed 2,000+ loans, $550m+, and 0 loser since 2008 when they opened. Their loans are rehabs, commercial bridge, portfolio, and 90% acquisition. Their minimum investment is $25k. This seems like a GREAT deal and good way to get into real estate especially with the limited inventory in my area and this being my first "investment". They want to protect their investment as much as I want to protect mine so it makes sense why they can almost guarantee an 8% return, it makes sense right? Check out their website here. 

Questions:

What are your thoughts? Almost anything that has a guaranteed rate of return makes me want to scream and run the other direction, but this seems different. Has anyone invested with them? If so what are your thoughts with them? Are they truly a hands-free investment option?

 What great input! I am somewhat in the same position as Irene. Thank you so much! 

Where are some good places to invest in REITs?

@Charlie MacPherson thanks! If I were to do the FHA I would live in one unit.

My real estate agent sent me a great property. It's a tri-plex with a 3/1, 2/1, and a 1/1 set up (Bed/Bath). 

My current goal is to purchase a rental that cashflows. However, I have ran the numbers multiple times with a FHA and conventional loan. Cashflow is only possible if I did conventional. But I barely have enough to do the conventional and I don't want to completely drain my savings and have none left over if unforeseen expenses occur. So, what would you do?

FHA (living in 1/1 set up)
FHA (living in 2/1 set up renting to roommate)

Conventional (renting all rooms)

Congratulations on starting your investing career! I have a great Realtor that is also a property manager. He himself is an active investor with many connections. His name is Mike Magno. Please let me know if you would like his information. 

I have found it super easy to reach out to whoever the company is. They are usually good at replying within a day or two.