Hi there:
Any one familiar with HomeBuild bonds as an alternative R/E investment . Thanks in advance
Any one familiar with HomeBuild bonds as an alternative R/E investment . Thanks in advance
Homebuild bond
- Thread starter David Chien
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- homebuild bond
Haven't heard of it but I'm interested
Thank you Tina.
I have come across this originally when the sales person offer me the following link to understand better. Just curious if any others have invested into this, and are the development's risk are removed or minimized as they claim, or is there other risk that I should watch out for. Thanks again.
https://files.acrobat.com/a/preview/1811ff93-e070-40e1-ae3e-53f382ea2309
I have come across this originally when the sales person offer me the following link to understand better. Just curious if any others have invested into this, and are the development's risk are removed or minimized as they claim, or is there other risk that I should watch out for. Thanks again.
https://files.acrobat.com/a/preview/1811ff93-e070-40e1-ae3e-53f382ea2309
I checked their website and asked for an OM, as fees, risks and key personnel is usually disclosed in the OM (offering memorandum). If you have a copy please email it to me as they didn't want to send me one as it was allegedly "sold out". Also zero content on principals on their website which to me is a big yellow (or even red) flag.
I asked the rep how this compares to a second mortgage, and I am still awaiting an answer.
When investing, with this firm or any other, always always consider potential upside with potential risk of any investment. For example, is their security in second or third position on title ? If so, is the first mortgage reasonable in light of the asset ? Are their fees reasonable, both upfront and ongoing ? Are many fees charged upfront ? Are they co-profiting with investors, i.e. at the end only ?
I asked the rep how this compares to a second mortgage, and I am still awaiting an answer.
When investing, with this firm or any other, always always consider potential upside with potential risk of any investment. For example, is their security in second or third position on title ? If so, is the first mortgage reasonable in light of the asset ? Are their fees reasonable, both upfront and ongoing ? Are many fees charged upfront ? Are they co-profiting with investors, i.e. at the end only ?
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