R-Cole property that is renovated and occupied, we guarantee a return of 1% over bank lending rate on your principal investment. Your principal is secured by a first mortgage on the property. When we sell the property, we pay off your principal and any remaining interest due.
If you wish to invest in another property you may elect to do so as long as there is another property available in our portfolio. The interest payments can be paid monthly or quarterly.
Because we are in the properties for less than they are worth, your principal is very safe with the first mortgage you will have on the property. This is a very safe and conservative option. RCole maintains title; the investor holds the first mortgage on the property. Again all equity stays in the property until it is sold to protect the investor’s interest.