Hello fellow BP’sDoes anyone have any experience with Colonial Capital Management note funds?

This is value add opportunity- rents had previously been under market value (450/month) and since acquiring the property and renovating it, the management team recently raised the rents to match market value in the area (525/month) The property is projected to generate over 25k of monthly income, a cash flow of almost 11k a month, and the annual cash on cash ROIis projected to be nearly 32% This would be my first large multi-unit apartment deal and I’m looking to either obtain a commercial loan for the property or (ideally) find private/hard money lender that would might also (eventually) serve as a partner/mentor/associate/eventual first to a smart, hardworking, and ambitious young real estate investor.

I'd rather put less down but I want to be able to maximize this opportunity without making Uncle Sam raise an eyebrow.

I’m funding my first private loan this Monday.

Then apply the first funds to the repairs and give notice to quit or pay if they do not pay in full.

For the first year, save all "cash flow" in a dedicated account and ensure you keep it there for your emergency fund.

How much are you trying to raise your credit score? 

I have fund hundreds if not thousands of deals that have been brought by OREO brokers  or brokers who choose to work distressed assets.. 

Have you considered doing a 203k so that the repair funds are wrapped into the loan? 

., they will get a pay off from your lender and disburse funds to them from the sales proceeds....you never see or receive that money.