Our very own Beau Eckstein has been quoted on Investors.com:
That leaves plenty of room for private investing. Beau Eckstein of SFR Ventures in Walnut Creek, Calif., is the designated broker for a private money fund backed by high-net-worth accredited investors. The fund is lending to spec builders for “rates that vary from 9% to 12%, usually a 12-month term,” he said. The fund then returns the interest to investors, “minus loan servicing and management fees.”
Eckstein also works with investors “on a private placement basis” to invest in single projects. Interest rates on those investments are also “between 9% to 12%,” he said.
Read the whole story at Investors.com