Happy Holidays BP Family - I'm currently working on a seller financed industrial deal, asset on the smaller end (~10ksf).

I didn't get my money's worth from MFM.Update: Nov 2024- they have restructured their program to have 3 paths: acquisition, capital raise, or underwriting - and have a 12-class program for you to follow for each path (what happened to asset management??).

So, to get funding, you probably need some kind of asset based lending where the lending is focus on the value of the asset and the ability of the asset to generate income. 

One thing you want to avoid is making the asset to unique that it is difficult for an appraiser to comp out. 

You could sue the LLC but I’m going to be they don’t have any assets. 

My personal rule is to never invest more than 10% of my financial assets in any one deal.  

They are trusting in the potential value of the "Hard" Asset.

You have less control with a property like this when compared to other asset classes.The upside here is that it seems there is room for negotiation because of the below-market rent tenants.If you're looking to put down $200-250K, I would recommend looking into a multifamily property, especially one with additional income potential. 

Ask how they intend to pay for a year or two of rent.I ask for a statement of assets and discuss any red flags or ambiguities with them.

Building out my portfolio with strategic, secure passively cash-flowing assets to continue to build leveraged equity.