Hard money loans offer fast approval and don't risk personal assets but come with high-interest rates and fees, which can be tax-deductible as carrying costs.

I like the asset class IE not C class in the deep south.

You're not helping them either...you're allowing them to run a tab that is putting them financial ruin. 

Now it's an out of control machine with a lot of financial incestuous relationship in the tupperware farm.I like your analogy.

If your new debt fund needs assets to invest into, let me know -- we have them :)  @Beth Johnson: A few notes on your comment to this aged post thread to shed some additional light since you don't know much about us...Aloha Capital has funded over 3,000 loans since 2015 on nearly 1 billion of residential investment properties and to date has ~ 0.4% default rate.

They literally went through each operating agreement and prepared an email listing out each member of each LLC and clarifying they each had to guarantee the loan despite the fact none of those entities were even being used for the purchase (which was previously explained to Dominion Financial). 

A financial calculator and legal pad might work in the hands of someone who knows what they are doing, but that doesn't mean it's the best way to do it.

Look at all the above and more.History, experience, assets, ability to pay, collateral, references, credit score, etc.The more the better. 

.- Unrecaptured falls under section 1250 and is treated as ordinary gains and capped at 25%- My capital gain from appreciation and improvements under section 1231 was treated as a long term capital gain since I owned both assets over a year.Hope this helps.

It depends if you need or want the money out or want an asset that will bring in income, especially since you own it cash.