Wanted to see if anyone has experience working at a hard money / bridge lender. I am evaluating an offer and would appreciate any insight.
In general, they have a $300mm fund and complete non-recourse 2% origination fee 10% interest loans nationwide.
What is it like to work in this space? Can you be successful? What type of person is successful?
This would be a big move from institutional quality real estate to $3-15mm loans. Any insight is appreciated.