Do you look up competitor rates?

We only get a statement from the management company about the rate.

Of course, you can always contact a prospective fund operator directly and ask them your own set of DD questions (ask for their track record, properties that the fund has acquired thus far, performance of the fund, past funds that have closed to investors and how they have performed, etc).  

That said - I think a simple muitual fund would give me better returns on the same money ($900k) at 8-12% (i.e., $72k - $108k). 

What's your current rate and what rate are you aiming for?

I singles out 3 routes, and due to funds limitations I can take only 1.1.

When you are going through the approval process- we do request liquidity or proof of funds.

But the real test of this company's character came with the most recent loan I tried to close with them.First, I thought the loan rate was locked, and it was not.

Also find some funding and some friends that can help catapult me to where I am trying to go.Welcome back Jerome!

The owner occupant rate is super low compared to many states but as a rental it goes up alot.