
9 July 2024 | 0 replies
Purchase price: $680,000 Cash invested: $510,000 We funded this loan in 48 hours. 75% loan to cost.

12 July 2024 | 23 replies
But if you have it financed at 80% LTV you have achieved 4x return of the inflation rate.

12 July 2024 | 0 replies
I am unable to find out the exact details on if the all the funds are required to be sent at the courthouse steps when the property is bought?

14 July 2024 | 15 replies
For forward thinkers, funding a beach retreat can be the next logical action plan.
12 July 2024 | 3 replies
In 2023 before I invested any funds, each and every time that I spoke with their representatives, I asked as my FIRST question if Norada Capital Management had ever missed any interest or principal payments, and was always told the same thing by their representatives, that Norada Capital Management had a perfect payment/reimbursement history.

13 July 2024 | 3 replies
Yes, it is a commercial property and it normally is valued off cap rates, but by checking sale comps, you have an idea of roughly what properties are trading at, and you can work backward.

13 July 2024 | 5 replies
If you are completing a 1099 for their funds it goes without saying the check must be made payable to you and mailed to you.

13 July 2024 | 1 reply
Rates were good at the time and cashflow is good.

12 July 2024 | 4 replies
The first is the interest rate, my guess from the information you gave is that the loan is about 6% which isn't all that bad, but high enough to consider paying it off versus investing in some S&P 500 etf (depending on your marginal tax rate).

12 July 2024 | 3 replies
While I am not super well versed in the RV park syndication world (although Axia does own a couple within their first fund), in general more and/or higher fees = WORSE for LP.I would love to see more about this deal, but based on a quick scan here: https://www.parksandplaces.com/campgrounds-for-sale/ looks like average pricing is in $5mm range.$5mm PP = $250,000 acquisition fee, let's assume they are raising $2,000,000 in equity for purchase and upgrades, this means acq fee is really 12.5% of equity.Loan Guarantor Fee: $5mm purchase, let's assume $3.5mm loan.