Friday, January 17, 2020
How to Add Money to a Hard Money Fund
How to Add Money to a Hard Money Fund
When someone gets into a Hard Money, they often wonder how the system works.
Lenders have a separate subscription account. They deposit money there. It is like a holding account.
If someone put money in the fund and it isn't working, it dilutes the yield for everyone. Bill and Wendy use the money and pay 8% when they use it. Then on the quarter, that money goes into the regular fund.
When you join a Fund, you become a member in an LLC.
Carolina Capital is a hard money lender serving the needs of the “Real Estate Investor” and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer “hard money rehab loans” and "Ground up Construction Loans" for investors only in NC, SC, GA, VA and TN (some areas of FL, as well).
As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.
Listen to our Podcast: https://thealternativeinvestor.libsyn.com/
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Visit our website: https://carolinahardmoney.com
YouTube Channel: https://www.youtube.com/channel/UCYzCFOvEt2n9TchgECLwpww/
Facebook: https://www.facebook.com/CarolinaHardMoney/
How to Add Money to a Hard Money Fund
https://youtu.be/iEoEs34Lleg
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