Is this deal a Joint Venture/ LLC or a Private Fund? I would be most interested in an LLC with a great operating agreement that would secure the passive investors investment by the performing notes. It might be helpful to have an option to split remaining profits upon the close out of the LLC.
I signed up and did the initial interview, still need to complete the start of the process. So no real experience to report on at this time. Would like to move forward with their process soon.
