They’re under investigation for fraud.

What questions should I ask a fund manager before I invest in a private lending fund?

I don't have any experience there, but based on the metrics, it seems like an extremely solid place to investigate. 

I do not think this is a one size fits all answer and there are times where private lending is preferred over traditional financing.

Our private covered dock and lake toys are a bug draw for us in the summer months.Multiple people have said they love the pool table.In our bigger cabin people like the large game room, movie room, custom covered firepit and hot tub.

Quote from @Robert Bell: As a private lender, we use reserve funds as a way to gage whether or not someone is financially ready to take on a real estate investment. 

Looking for some opinions....I have forwarded this to my attorney as well so I am just looking for opinions from those experienced in private money transactions, I know that I should consult an attorney.I own land that I am trying to build out a brewery on in NH. 

If a sale and capital gains the only option, you could look at seeing if he was interested in selling you all his portfolio on an installment sale and then 1031 exchange the proceeds into a private real estate fund. 

Also, look to work with Private Lenders on the acquisitions, fund the rehab, and then refinance within 12 months to get better CoC (Cash on Cash) returns!

To access non-recourse financing, your company might need to show a strong track record with larger projects, substantial equity, or seek alternative lending sources like institutional or private lenders.Happy to connect and chat further if you'd like.