Hi All,

I found a friend in my martial arts class that has been in real estate for 10 years. They are raising capital for a 506b (family and friends unaccredited) hybrid deal (in another state) that includes an apartment, selling some SFHs, building a few Multi families for air bnb etc.

I wanted to pass by you folks to make sure it's a decent deal for me. I am investing about 50k which is 3.3% stake out of 1.58mm capital being raised for the deal. 

The projected annual return is 43.86% with a 3.01 equity multiple.

They are sending me the operating agreement now. Anything else I need to be considering? Get a lawyer to look over the docs?

Thanks,
Brandon