Private Lending Program
Lower Risk + Higher Returns = Private Lending
Thrive, FP is a real estate asset-based lending company that specializes in lending private funds to professional real estate developers and local home builders for both commercial and residential real estate transactions. These short-term bridge loans are fully collateralized by real estate. As a private lending company that represents a fairly large number of private individuals, we’re able to secure financing for these developers and builders in this tight credit market, while at a much faster pace than traditional mortgage lenders and banks.
Program Details
- Invest using cash, self-directed IRA funds, or 401K savings.
- Attractive returns between 8%-10% annually, paid monthly.
- Secured by commercial or residential real estate by First Deed of Trust.
- Maximum exposure is 75 cents on the dollar (75% loan to value ratio).
- Short-term bridge loans are less susceptible to market fluctuation.
- You make the decisions about what loans you want to participate in.
- The I.R.S. qualifies Trust Deed investing as acceptable for IRA or other Retirement Account Investment. (YES, you can defer interest!)
- Deeds of Trust states like Texas (unlike mortgage states) have a non-judicial foreclosure process which significantly accelerates the process of foreclosure.
- Lenders receive monthly returns in most cases. Lenders reap benefits from high interest returns on real estate lending with little time or personal management.
- A hassle-free approach to real estate investing, where clients don’t have to deal with issues like being a landlord, vacancies, tenants, repairs, evictions, etc.
