Watch the video to learn more from Fund Manager Bill Fairman.
Who May Participate in the Fund?
Carolina Capital Reserve Fund I is open to Accredited Investors. In order for an individual or an entity to qualify, they must meet at least one of the following criteria:
- An individual with income exceeding $200,000 or joint income with his or her spouse of at least $300,000, in each of the last two years with the expectation to reasonably maintain the same level of income in the present year;
- An individual with a net worth exceeding $1 million, excluding the primary residence, either individually or jointly with his or her spouse;
- An entity that has assets exceeding $5 million that was not formed solely for the purpose of making the investment; or
- An entity whose owners all satisfy 1, 2, or 3 above.
For more information about the SEC’s requirements and common exemptions, see Regulation D Rule 506 in this brochure, Q&A: Small Business & the SEC.
What are the risks?
If you’re like most private lenders, the majority of your assets are tied up in a few mortgage loans—leaving your savings exposed to the risks that are normally associated with lending. In a fund, the risk is spread out over many loans in the portfolio. With Carolina Capital Management, you get a high-performance investment managed by seasoned professionals in a fund with assets that are secured by real estate. In many cases, your returns are similar to or better than you're currently receiving—with no work required from you.
