Dacoda Homes

5 Unit Multi-Family Building in Seattle, Washington

Investment Yield: 7.00%
Maturity Date: 8/25/2021

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Project Overview

Equity Multiplier

7.00%

Investment Yield

target IRR

75%

Loan-to-Value

Minimum Investment

$50,000

Minimum Investment

Investment Terms

8/25/2021

Maturity Date

Minimum Investment

$2,675,000

Loan Amount

Total Sqft

$3,575,000

As Completed Value

Total Sqft

25%

Percent Complete

Residential Units

5 Unit

Condo/Townhome

Dacoda Homes

Multi-Unit Investment Opportunity in Fremont, WA with a direct route into Downtown Seattle, South Lake Union, and Lower Queen Anne.

Project

Very respected and accomplished builder. Each unit is 3 stories, 2 bedroom, 2 bath, 1,091 sq ft.

FAQ’s

How do I invest in a Trueline Direct opportunity?

Please fill out the form, send us an email at [email protected], or call us at (800) 292-6561 to learn more about the investment opportunity with Trueline Direct.

Once we have received the desired investment amount and entity information, one our team members will follow up with additional participation information

What information is provided in support of an investment analysis prior to committing funds?

After the accreditation verification and NDA are complete, you will receive an invitation to a deal room specific to the projects that you are interested in investing in.

Do Trueline Direct investments provide a monthly distribution

Yes, returns are distributed monthly via ACH or Check.

Is my investment money returned at loan maturity?

Most of the time, yes, but it is loan dependent. There are times when a project goes longer than expected and an extension of the loan terms are required to fulfill the loan commitment to the borrower.

Do the extension fees get shared with the participant?

Yes, the extension fees paid by the borrower are shared with the participant’s based on their percentage of ownership in the loan.