Yes you definitely want to do your own research and make sure you read the agreements etc. Never want to invest in anything before doing that. It’s not to good to be true there are many hard money lending opportunities with similar returns. I have done similar deals but minimums have been much higher. It’s a good way to get into this type of investment for a low amount of money and try it out. It’s not for everyone as the risk is higher which is why you receive a larger return on your investment. By no means are these returns guaranteed like a bank savings account. I just like them due to the low barrier to entry with the ability to diversify your loans with not a lot of capital. You should take a look and assess fir your self. I have a high tolerance for risk but it doesn’t mean it is right for you unless you understand exactly what your risk is and what your investing in. Definitely do some due diligence before you commit to any investment.

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