Realty411 Magazine Featuring Patty Arvielo - New American Funding | Page 29

These are the types of investments, which have made the likes of Warren Buffett, Sam Zell, Blackstone, and Bank of America very wealthy. Some big funds and new note brokers have recently made this space popular in heralding the benefits of investing in distressed debt and non-performing existing loans. In contrast, Cook explains that Ignite focuses on issuing new cap- ital to strong builder developers with great track records. Specifically, the firm’s president explains that they carefully curate “a pool of highly-prized borrowers who have been in business for at least 10 years.” In fact, this lender-broker does not even op- erate a borrower facing platform. They seek out those they see are the most qualified. If builders do find them, Cook says they “accept only around 20% of the requests received.” The funds are used for acquisition, development, and construc- tion, and target a 10% to 12% annualized return to investors. THIS IS NOT WELLS FARGO Among the refreshing differences that investors will find at Ignite Funding is a serious dedication to sustainability and transparency. Those are words that are easy for companies to spout out these days to capitalize on trends. But this company proves it by really putting the information out there. Other CEOs, especially in this male-dominated field, might deem some of this transparency clearly unnecessary and going too far. Yet, it is clearly in favor of the investors, as it holds their asset manager to a high standard and ensures they are working hard to deliver the best results today and over the long term. Some of the ways you’ll see this displayed via the firm’s website include a calendar of deals being funded, five years’ worth of detailed perfor- mance documentation, and even information on defaults. That’s right; no matter how diligent and careful you are some loans will default. Some big banks have become infamous for how they hide this information for so long. Not here. Carrie Cook’s team clearly displays any de- fault information, along with the cures. The data is encouraging too, with the company recouping over 100% of investor capital even in some of the worst performance cases displayed. Carrie credits this success not only to the investors and borrowers involved, but her team’s attitude of being willing to “run into the fire, not from it,” as well as the consolidated approach of completely in-house operations from origination to servicing and loss mitigation. WHO IS INVESTING IN TRUST DEEDS? In addition to the very visible and notable examples of big funds and billionaires who invest in this asset class, there are a growing number of private individuals who are experiencing great results here. Ignite Funding accepts a minimum investment of $10,000, though Cook says “around 75% of clients are using their IRAs to invest,” which means they can invest a lot more. However, one of the best features here is that while adhering to Nevada’s strict sustainability standards, this type of collateralized investment is open to those earning just $70,000 or more each year, provid- ing they are not investing more than 15% of their net worth. For those interested in learning more about trust deed investing, how Ignite Funding protects its clients with multiple layers of security, and who want to soundly diversify their portfolios find out more online at IgniteFunding.com. Disclaimer: Money invested through a mortgage broker is not guaranteed to earn any interest and is not insured. Prior to investing, investors must be provided applicable disclosure documents. Ignite Funding, LLC | 6750 Via Austi Parkway, Suite 230, Las Vegas, NV 89119 | P 702.739.9053 | T 877.739.9094 | F 702.922.6700 | NVMBL #311 | CACFL #603J286 | AZ CMB #0932150 and AZCMBBR #0121055. Realty411Guide.com PAGE 29 • 2017 reWEALTHmag.com