The real estate market is certainly tough right now, but the data is showing there are certain markets in the luxury space that are continuing to have the greatest opportunity for high profits, specifically for luxury-level flippers. According to a recent Luxury Market Report by the Institute for Luxury Home Marketing, “The most significant trend, after a slow start to the year, is that the North American luxury real estate market has, for the most part, returned to a seller’s market.” The report also details that luxury is no longer defined solely by size or price and that buyers are now seeking premium properties that meet their specific requirements and they are willing to pay a premium if the property checks all of their boxes. This is the prefer model in a nutshell - picking properties in these strong higher-end markets that are not selling for their full value because they’re out of date and missing the key things luxury buyers are looking for. That’s why these properties can double in value with some strategic luxury remodels.

Yes! PREFER Lenders provide the gap funding for the project and are paid a set cash on cash return when the project is complete and the property sells.

No! These projects can be lended in full or they can be fractional. The minimum amount is $50,000.

Rehabs are estimated to take 6-8 months. Once the project is complete the property will be listed for sale. The average days on market for the locations we operate in are between 45 and 90 days, meaning our estimated timeline for lenders to be paid is 12-14 months.

Your loan is collateralized by the real estate through a promissory note.

You can get involved in an open project by visiting its page on this website and filling out the form. Also, look below for the form to add you to the email list. Participants will receive emails when new projects are coming - they will be the first to hear of new projects. Lending on a project is a first come, first served basis and these projects fill fast, so we recommend you get on the list even if you are not quite ready to become a lender on an upcoming project.