5X. They won't fund more than 5 times a borrower's liquid assets. That's the ceiling. But before we even get there, we run a faster filter first: Liquidity minus down payment minus 15% of rehab costs has to be greater than zero. If it's not, the deal's dead before underwriting starts.

Jon and I have been heads-down curating these opportunities—vetting every borrower and deal to maintain our standards. Grateful for what we've built together so far and excited for what's ahead. Quick community update on our lending deployments: ✅ This Month: Deployed $400k across high-quality fix-and-flip deals ✅ Total Deployed YTD:$1.8M ✅ Lifetime Interest Earned: $88k paid to partners Security stays #1: In a market with rising delinquencies, every Aces loan comes with our exclusive performance guarantees—principal protection you won't find elsewhere. As always, DM @Jon Chan or myself to learn more or connect 1:1 about lending, strategies, security, opportunities or anything else!

I will be 30 minutes late to tomorrow's call due to a scheduling conflict. Feel free to start without me!

Is there anyone in here who's interested in raising capital?

I can't believe this happened. I went through all the work to get a loan through, only for it to fall apart at the end. The borrower didn't even have it under contract. Lesson learned.