How is Park Palace finance?

[Lilly Fang]

Has anyone used this company to fund your project? How do you like them?

I want to have an idea of how healthy this company is to see if I should invest $100k in their real estate fund. I want to diversify my investment and be a hard money lender. However, it's kind of difficult to navigate the field by myself. Therefore, I searched for hard money lenders on Bigger Pocket, and this company came into my sight. It appears they had some good reviews. I just want to come here to see if anyone has had personal experience with this company before I throw my hard-earned savings into this company.

[Chris Seveney]

Quote from @Lilly Fang:

Quote from @Chris Seveney:

@Lilly Fang

No experience - what are they offering as collateral and projected returns?

On their website, it's 10% return. It appears they are FDIC insured.

I can guarantee you that no fund that offers 10% is FDIC insured.