RESIDENTIAL
The FIR Fund California
The purpose of the Residential Asset Class FIR Investment Fund is to raise investor capital to provide Managers the necessary liquidity to acquire distressed real estate assets, renovate, remodel, and restore said assets, and resell in the general marketplace.
Flippin' It Right!
Waterfall Highlights:
✓ Target IRR, 20%
✓ 8% Pref. (Preferred Return)
✓ 80/20, LP/GP split (Carried Int.)
✓ 50/50, LP/GP Surplus split
Putting Investor liquidity to work as short-term capital. (min. investment; $50k) The Investment Fund utilizes Subscriber capital to acquire, renovate, and sell residential and real estate assets throughout Northern, CA.
In historical performance as a private fund great success was achieved and Investors earned on average 15% to 25% return for their short-term commitments. This current fund rewards our LPs handsomely via a favorable waterfall distribution.
