But as a team we survived and have now flourished..

Fed's can talk all they want about "creating" however millions of homes, it changes nothing unless Harry Potter comes into office and shezams them into existence. 

Quote from @Theresa Harris: Quote from @Pamela M.: Thank you so much guys.

Quote from @Adam Michael Andrews: The whole point of investing in a note is that in a downside case you have some sort of surviving claim in BK even if it suffers a haircut or is equitized at that point.The fact that you are prematurely converted to equity in a default situation means you have the equity risk via that clause but have a capped upside if things go really well.

There are a lot of groups out there right now that had made-for-TV track records that will likely not be in business in a couple years.Focus on the experience of the team, how long they have been in the business, how many market cycles they’ve survived, their philosophy on leverage, and how many properties they bought in 2022/2023 (a good answer would be few, a great answer would be none).And do yourself a favor and read The Hands-Off Investor (in the BP bookstore) before you invest a single dollar in a syndication.

The unknown is, will they survive?

Quote from @Jerry R Harris: Any real estate meetups happening in the Portsmouth, Chesapeake, or Norfolk area of Virginia?

@Theresa Harris thanks for your advise, I appriciated

That’s SURVIVAL, not building a SUCCESSFUL business.3.

Until out of school and then it's straight into the pit and good luck fighting for survival, get with reality and all that.......