Anybody have any experience with a SD-based partnership called The Loan Company? They make commercial real estate 1st mortgages from a pool of money provided by their investor partners. They have a record of 6-9% returns and have been around for decades. They can probably act a lot faster than today’s stodgy banks. Looks like a pretty good return compared to CDs and bonds, and their track record suggests they are pretty safe too, if you believe in San Diego real estate.
Rich, feel free to chime in.
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