Your loan is secured by the real property itself. At land acquisition you're placed in first lien position, backed by a recorded mortgage or deed of trust.. the same documentation a bank receives on a conventional land loan. Once construction financing is in place, an institutional lender takes first position and your loan moves to second lien, now secured by the land plus the home being built on it. The Company targets a loan-to-after-build-value ratio below 75%, which is meant to leave an equity cushion if the market softens.

Private lending arrangements of this type target 10% to 12% per year, negotiated deal by deal. There are no monthly payments to chase. Interest accrues over the term and is paid to you as one lump sum, principal plus all accrued interest, when the finished home sells and closes. Terms typically run 6 to 18 months, matched to the build-and-sale timeline. Rates are not fixed or guaranteed and are set in your deal-specific loan documents.

The minimum is $50,000, and this offering is open to accredited investors only under Rule 506(c) of Regulation D. You generally qualify if your net worth tops $1 million excluding your primary residence, or your income exceeded $200,000 individually (or $300,000 jointly) in each of the last two years. Because it's a 506(c) offering, accreditation has to be verified: a signed self-attestation for commitments of $200,000 and up, or written confirmation from a licensed CPA, attorney, RIA, or broker-dealer for commitments between $100,000 and $199,999.

The homes are built by Thayer Homes, a licensed North Carolina builder with 30-plus years of residential construction experience, delivering 35 to 50 single-family homes a year. The most recent completed home sold in Wake Forest in April 2026 for $1,813,104 and netted roughly $425,000.. a closed sale, not a projection. Three more homes are in active construction around Raleigh right now. To be straight with you: EMK Development Group is a newly formed entity and has not yet completed a project under its current structure. The construction track record belongs to the builder partner; the capital structure and investor program is what EMK brings to the table.

Every home is built by Thayer Homes, owned and operated by Terry and Kristi Thayer and licensed in North Carolina. The partnership runs on a written joint venture agreement that spells out each side's role and pay on every deal. Thayer keeps an active pipeline across neighborhoods like Rosslare, Serenity Reserve, Greenbrook, and Woodsborough, picking up around five lots a month. EMK sources most of its deals through this relationship, which is exactly how the Youngsville project came together: five lots, one builder, one proven process.

This is a real estate investment, and there's no guarantee of returns.. you could lose some or all of your principal. A few things to weigh honestly. It's illiquid, with no public market, so it isn't for money you may need before the loan is repaid. During construction your loan sits in second position, behind the institutional lender. And the project carries normal construction, permitting, and real estate market risk. EMK is also a new entity. Everything above is a summary; the full risk factors are laid out in the Company's Private Lending Disclosure Statement, which you should read before you commit.