For Loan Participants
Q. Will The Ira Group look at the deals and make sure that they are legitimate?
The Ira Group will look at every loan coming in and Ira himself will be personally overseeing every loan.
Q. Do I need to be an accredited investor to participate in a bridge loan?
Legally, we can only allow accredited investors to participate in bridge loans, as there are securities laws that restrict taking money form non-accredited investors.
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?
Participants that put their money in the 0-50% LTV piece can expect returns in the range of 5-6%, with those returns rising if they choose to participate in the 0-56% LTV piece.
Q. How much money do I need to participate in any one bridge loan?
The minimum amount that the Ira Group will put into any given A-piece for a participant is $5,000, with no maximum amount.
Q. Does the Ira Group make loans?
No, we just broker bridge loan participations for those looking to participate in either the 0-50% LTV piece, or the slightly riskier 0-56% LTV piece.