OfferingsAn alternative way to invest in real estate that isn’t tied to the stock market.
Why Choose Seveney Investments?
At Seveney Investments we take pride in our ability to build custom opportunities for our investors that fulfills their financial goals. We take the time to understand what you’re looking for and help you envision a long-term and short-term investment strategy.
Ways To Invest
Diversify and grow your portfolio for the long haul through our mortgage investment fund backed by secured real estate.
Open-Ended Note Funds
Accredited investor note funds give you access to a professionally-managed fund.
Ideally suited for passive investors with moderate to high capital contributions.
Sunnyhill mortgage note fund 2021
- Preferred rate of return: Starting target 8% preferred return per annum based on min. investment. Larger investments are provided higher preferred return.
- Offering Amount: $10M
- Minimum Investment: $25K
- Primary Asset Type: 1st position mortgages
- Investment Duration: 1 year
- Distribution: Monthly
HOW THE FUNDS WORKS
01. We receive mortgage payments from the borrower.
02. We distribute quarterly or monthly preferred returns to our investors.
03. We share profits with our investors when the loan is paid off or sold.
Fund Investment Benefit:
Above Average Returns
Preferred Rate of Return paid quarterly with excess cash distributions.
Secure underlying asset
Investment is secured by real estate and is not correlated to the markets.
Liquidity & diversification
Notes offer high liquidity and returns are not predicated on a single asset.
“I’ve invested with Chris on two of his note funds so far. He has been very informative and transparent throughout the process. Chris is also a wonderful mentor and I have learned so much from him. I look forward to many more years of investing with him and learning from him!”
“I’ve been an investor with Chris Seveney since 2019. I was an avid listener of his “Good Deeds Investing” podcast and was impressed by his deep knowledge of the notes industry and his willingness to share his experience and insights. I became an early investor in his note fund and I appreciate his steady performance, transparency and professionalism in investor communication and service. He is a great partner in my exploration of the wonderful world of notes investing.”
“I have invested with Chris on more than one occasion, and have purchased assets from Chris as well. In all cases, Chris has consistently been honest, upfront, and easy to do business with. My investments with Chris have been easy for me (no drama), and I have been pleased with the returns. I currently invest with Chris and plan to do so in the future.”
“No matter the level of due diligence you perform as a potential note fund investor, trust in the manager(s) will be the most critical component. My experience with Chris is that integrity is a characteristic he will not compromise.”
Our Track Record
MILLION $ Deal Valuation
States Across the u.s.
YEARS COMBINED REAL ESTATE EXPERIENCE
Become A Part Of The Seveney Family Of Investors
Ready to get started? Want to know more? Contact us with any questions and to book a discovery call.
Why Invest in Distressed Mortgages?
Notes are secured by an interest in the property perfected by a mortgage or deed of trust. Since notes are discount from the loan balance and property value, it can provide the flexibility to either assist the homeowner in a new payment plan or pursue legal action only when necessary to secure our interest in the property.
Why Own the Note Instead of the Owning Property?
If you drive through a metropolitan area, what is the sign on the tallest building say? Nine out of Ten times the sign will be a bank. Being the lender reduces the likelihood of owning property for investment which comes with the headaches of being a landlord. . How many times have you called your bank to fix your toilet?
I Have Heard the Terms “Performing” and “Non-Performing” Note, What is the Difference?
Performance refers to how well the borrower has been at keeping payments current on the note. When a borrower is current on their mortgage it is “performing”. If the borrower falls behind on payments greater than 90 days then the loan is considered “non-performing”.
Can we invest in Notes using a Retirement account like a Self Directed IRA or Solo 401k
Absolutely! Many of our investors use their self-directed IRA to invest in notes. In fact, a vast majority of private investors take advantage of the tax savings offered through a Self-directed IRA, ROTH, Solo 401k, or SIMPLE plan. The purchase is coordinated through your account administrator using their Direction of Investment (DOI) form and process.
What is the benefit of investing with an IRA?
One of the most important benefits of an IRA is the ability to grow your money tax-deferred. With IRAs, you won’t pay current income tax on any investment gains, until those earnings are withdrawn.
Do You Do Joint Venture Deals?
We do not do individual joint ventures. If you were interested in an individual joint venture we can provide recommendations to you on investors who do joint ventures.
Do I Need an Entity such as an LLC to invest in notes?
We are not accountants or legal professionals and you should seek the advice of these professionals in order to make this decision as every person’s situation is different. We will state that if you are in our management or mentoring program, the note is owned by you/your entity. For all notes we own, none are owned in our personal name.
Do you only buy notes in your local area?
No. We have built an expansive network of realtors, attorneys, property preservation companies and other investors from across the united states and currently own notes in over 35 states all the way from Arizona to Maine to Florida and in between.
Do you buy both first and second position loans
At this time our focus is on first position loans. While we do hold several second position notes in our portfolio, it is not our primary focus.
What is an accredited investor?
According to the SEC an individual accredited investor is anyone who either has earned income of more than $200,000 (or $300,000 together with a spouse) in each of the last two years and reasonably expects to earn the same for the current year, or Has a net worth over $1 million, either individually or together with a spouse (excluding the value of a primary residence). The definition was recently changed and can be found here https://www.sec.gov/rules/final/2020/33-10824.pdf
Does your Fund only Acquire Non Performing Notes?
No. The Fund is acquires performing and non performing loans to acquire a balance to maximize returns while minimizing risk by following Modern Portfolio Theory https://www.investopedia.com/terms/m/modernportfoliotheory.asp
Will I Be Able to Personally Review All the Documents When Investing in The Fund
Absolutely! We are big believers in transparency. We will provide a link to investors for all the files that are part of the loan collateral.
Do our Funds obtain Leverage?
Our funds do not leverage the assets. By not leveraging the assets, Self Directed IRA Investors would not be subject to UBTI (unrelated business taxable income)
What are your Reporting Procedures?
We are true believers in transparency, therefore we provide investors with a live portal where they have access to the current status of every asset in the fund. Investors also have access to balance sheets and P&L statements which are updated monthly. Every quarter we host a live webinar to review the financials and overall status of the fund.
Can We Reinvest our Distributions?
Unfortunately at this time we are not allowing the distributions in the fund to be reinvested back into the fund. But we do allow for investors to invest in funds and partials simultaneously.
How Long is the Fund Open For?
Since our funds offer excess cash distributions and not a straight preferred return only, our funds are only open during a brief 2-3 month period of capital raising. Since Note Funds derive the majority of their profits when the asset is sold, it would not be fair to allow investors to enter the fund in the middle or end of the funds term.