What The Ira Group Does

The Ira Group brokers loan participation in bridge loans.

Benefits of Lending

First Position
A bridge loan can be secured as a first position mortgage. This means that in the event of a default, the bridge lender gets their money back first.
Pick Your Level of Risk
Depending on where you see real estate values going, you can choose what loan-to-value to lend on each specific deal.
A-piece & B-piece lending
Conservative and aggressive lenders can participate in the same bridge loan by structuring it where the conservative bridge lenders get their money back first for a lower rate.

The Participation Process


Education

How Can I Break Into This Space With No Money?
What Type of Loans Does The Ira Group Deal With, and What Are The Returns?
Who Pays The Ira Group?
Who Is Responsible For The Loan, and Who Are The Loan Participants Dealing With?
How Much Can I Really Make?
I’m A Good Salesperson, But What Type of Person Is This Not For?
How Do I Grow My Network?
I’m Ready To Get Started…What Is My First Step?
I’m Confused…What Is The Difference Between a Loan Syndicator, Participant, and ILC?
Why Are Lenders Interested In Dealing With Multiple Participants?

FAQ

For Loan Participants

Q. Will The Ira Group look at the deals and make sure that they are legitimate?
The Ira Group does not take responsibility in doing any due diligence and urges all participants to do their own thorough due diligence.
Q. Do I need to be an accredited investor to participate in a bridge loan?
This is a legal question between you and the bridge loan syndicator, but typically, you do not need to be accredited. As a point of reference, The Ira Group is only focusing on bridge loan participations and our legal counsel says that a loan isn't a security, so this question isn't relevant.
Q. How long will my money be tied up for?
Bridge loans, on average, range from 12 to 18 months from start to finish.
Q. What kind of returns can I expect on my money when I participate in a bridge loan?
This is the beauty of the Ira Group. We don't set returns, you do! You say the maximum loan to value that you feel comfortable at and what the minimum return you want, and the Ira Group will only send you opportunities that match.
Q. How much money do I need to participate in any one bridge loan?
The minimum amount that the Ira Group will broker between a bridge loan participant and bridge loan syndicator is $25k.
Q. What is the difference between being an investor in real estate versus being a lender?
An investor will generally be if someone is investing in buying real estate and they will own a percentage of the deal; a lender typically makes a first position loan and earns a fixed interest rate for the time their money is borrowed.
Q. Does the Ira Group make loans?
No, we just broker bridge loan participations between bridge loan participants and syndicating bridge lenders that are looking for more participants.

For Syndicators

Q. Will the loan participants in The Ira Group database be accredited investors?
Not necessarily, however, a bridge loan syndicator can choose to filter their opportunities to only include accredited investors.
Q. What is The Ira Group charging to put out a bridge loan to their database of participants?
The Ira Group charges bridge loan syndicators an upfront $500 marketing fee to send out their bridge loan to its database of matching participants. In addition, there is a success fee of 1% for every dollar that a loan participant invests. This 1% fee is paid for every future bridge loan that the participant participates for the longer of 2 years from the initial introduction or 12 months from when they last participated, whichever is longer.
Heter Iska
For my whole career, I personally have avoided engagement in actual lending even with a “Heter Iska”. After lengthy consultation with experts in Jewish Law, a path was forged which mitigates various legal, philosophical, and ethical concerns. At The Ira Group, we engage exclusively in true and fair Commercial Real Estate ventures. These deals operate at appropriate and tolerable risk levels and profit levels for both the lender and the borrower, thus the applicability of the "Heter Iska" is ensured. As these are joint business ventures which are mutually beneficial for all parties, occasions of desperation driven borrowing or dubious risk-laden loan practices are avoided. Participants should consult with their own Rabbi for guidance.

Contact Us

For more information, please email info@TheIraGroup.com or call one of us:

Aaron Eller
Director of Operations
732.719.5200
aeller@theiragroup.com
Yaakov Charlap
VP of Business Development
732.419.7400
ycharlap@easternunion.com

Contact Info
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