[Luckydog]

My wife and I saw an advertisement for a lunch and Learn investment seminar held by BridgeWell Capital... "Earn 8% Fixed Monthly Income with High Security and Liquidity". We attended and were very impressed by what they had to say. Next step is to set up a "free" one hour consultation with Triad Financial Center, who represents BridgeWell Capital to continue to learn. I think we are going to set up the follow up meeting but I was wondering if anyone on TOTV has heard of or has done business with BridgeWell Capital or Triad Financial Center? Any information would be appreciated.

[rjm1cc]

I do not see how a business could do this today even if they did not pay the salesmen.
Be sure to allow a few days after the presentation if you are going to buy. I would also go to another planner and ask if they can do the same.

Triad Financial Complaints you can google it. Lots of complaints fyi. If it sounds too good to be true......

[villagerjack]

8% sounds like a return that would involve some risk?Ask them to define the risk for you. If they say there is no or little risk...run, don't walk to the exit.

[Bryan]

I hope you enjoyed the "free" lunch, that's probably the best return you'll get from this.

[Parker]

Sounds like baloney was on the menu at that free lunch.

[BarryRX]

The business model is legitimate. They lend money to people that flip houses (people that buy homes in foreclosure and spend money to fix them up and then sell them at a profit). Often, these people need money to finance their endeavors for a short time, and this is called a bridge loan. Of course, there is risk in such a loan. If property values drop again, the home may become worth less and they may not be able to repay the loan. One of the keys to such an investment is a rigorous service platform. Someone has to be calling the people up monthly and making sure they pay their loan. So I would ask them how they service these loans and if they do it themselves or they subcontract it out. I would also ask them what their default rate is and the,source of their own funding. Is it just from investors or have they borrowed a lot of money to then loan out to builders. But, one rule that is etched in stone is that the higher the yield, the more risk is involved.

[Mimivillager]

Sometimes these high rate are only for a short time and the investment reverts to a much lower rate.

[JourneyOfLife]

I would not even consider it!

[villagerjack]

Originally Posted by BarryRX

The business model is legitimate. They lend money to people that flip houses (people that buy homes in foreclosure and spend money to fix them up and then sell them at a profit). Often, these people need money to finance their endeavors for a short time, and this is called a bridge loan. Of course, there is risk in such a loan. If property values drop again, the home may become worth less and they may not be able to repay the loan. One of the keys to such an investment is a rigorous service platform. Someone has to be calling the people up monthly and making sure they pay their loan. So I would ask them how they service these loans and if they do it themselves or they subcontract it out. I would also ask them what their default rate is and the,source of their own funding. Is it just from investors or have they borrowed a lot of money to then loan out to builders. But, one rule that is etched in stone is that the higher the yield, the more risk is involved.

My educated guess is, as with other similar loans, like construction Ioans interest rate reserve is built into the loan and no payments will be required until the home is sold, hopefully at a profit. This is not really a bankable deal otherwise they would go to a bank and have to show a solid balance sheet with strong capital and other ways to pay the loans other than the sale of the asset which is also the collateral (hopefully it is collateralized but they could take shortcuts here as well such as not recording the mortgages because of the municipal fees that may be involved. This is something fir a really seasoned, knowledgable investors, probably not for a retiree who is schooled as a banker, for that is what you are, a banker.

[Challenger]

Originally Posted by Luckydog

My wife and I saw an advertisement for a lunch and Learn investment seminar held by BridgeWell Capital... "Earn 8% Fixed Monthly Income with High Security and Liquidity". We attended and were very impressed by what they had to say. Next step is to set up a "free" one hour consultation with Triad Financial Center, who represents BridgeWell Capital to continue to learn. I think we are going to set up the follow up meeting but I was wondering if anyone on TOTV has heard of or has done business with BridgeWell Capital or Triad Financial Center? Any information would be appreciated.

If it sounds too good to be true , it is too good to be true. High returns, liquidity, low risks. A prudent investment cannot encompass all three, in fact even two is sometimes a stretch.

Please be careful and get the advise of a real professional before you invest.

[gustavo]

Originally Posted by Challenger

If it sounds too good to be true , it is too good to be true. High returns, liquidity, low risks. A prudent investment cannot encompass all three, in fact even two is sometimes a stretch.

Please be careful and get the advise of a real professional before you invest.

Why does 8% sound "too good to be true".

[Down Sized]

People just want to BELIEVE in the free lunch!

[Challenger]

Originally Posted by gustavo

Why does 8% sound "too good to be true".

Risk profile- Liquidity considerations etc. Investment decisions should be made after consideration of risk tolerance, financial position, needs for liquidity and other personal considerations. Any investment that did not have significant risk components and/ or liquidity concerns would not need to pay these rates.

If a person is not skeptical of the quality of an investment with and 8%rate, he/she probably needs competent professional investment advice.

[JourneyOfLife]

Originally Posted by gustavo

Why does 8% sound "too good to be true".

The OP listed: "Earn 8% Fixed Monthly Income with High Security and Liquidity"

Forget about debating 8%.

Take a look at the company's website.