Curious if anyone has experience investing in any storage facility syndication with Spartan and if they would recommend them?

I’m looking at private lending to flippers with a line of credit or using a line of credit to put a down payment on a new cash flowing property (which is extremely hard for me to find right now) but with a line of credit as a down payment I would be financing a new property at 100% at unfavorable rates.

Hard money lenders lend money.

🎉This deal came with several benefits that we believe set it apart from traditional syndications:1.Low Leverage & Investor Protection: We’ve committed to a low-leverage strategy to protect our investors, which we believe adds an extra layer of security in today’s market.

I am an active duty Navy and have experience in buy and hold rental, multifamily syndications and under writing.

I can only wonder how many marriages are being affected right now with these syndicators cratering.. my experience over the years is all over the map.. some both are fully invested and interested in what we are doing others the hubby is running the show with little to no interaction with the wife.

We can help on the lending side - and also with agents/other investors.

Let him take equity as a partner (co-gp), let say 1% to 5% and he now is part of a syndication partnership. 

Once you have a great deal the lending part is easy.

@Deborah WodellThere was a guy who used to post on BP from Maryland who did private lending and was a fraud, changed company names many times and what he would do is write construction loans, fund the initial amount but didn’t have the money for the draws.