Subsequent Events	3 Months Ended
Mar. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	NOTE 7 – SUBSEQUENT EVENTS Promissory note receivable from related party (RMI VIII) On April 15, 2022, the company loaned $1,000,000 to Redwood Mortgage Investors VIII, a related party (“RMI VIII”). This amount was utilized by RMI VIII to fund a mortgage loan made by RMI VIII in the amount of $3,500,000, which mortgage loan was secured by a deed of trust encumbering a real property consisting of six (6) tenancy-in-common units (each, a “TIC Unit”). At the time the RMI VIII mortgage loan was made, one of the TIC Units was in contract for sale with a scheduled closing date of April 18, 2022 and the mortgage loan borrower had agreed to utilize the net proceeds of the sale of the TIC Unit to pay down the mortgage loan in exchange for a partial release of the deed of trust securing the mortgage loan (“Release Proceeds”). The note evidencing the loan by the company to RMI VIII accrued interest at the same rate of 7.75% as the mortgage loan and the company’s loan to RMI VIII was secured by a pledge of all payments received by RMI VIII under the mortgage loan, including the Release Proceeds. The note matures on April 30, 2022. The Release Proceeds were received by RMI VIII on April 18, 2022 and thereafter all principal and interest due to the company under its note from RMI VIII was paid in full. In May 2022, one loan with principal of $970,000 was sold to an unaffiliated investor. The company recognized a gain of approximately $9,000 net of commissions to and transaction costs from third parties. The manager evaluated events occurring subsequent to March 31, 2022 and determined that there were no other events or transactions occurring during this reporting period that require recognition or disclosure in the unaudited financial statements.

Subsequent Events

3 Months Ended

Mar. 31, 2022

NOTE 7 – SUBSEQUENT EVENTS

Promissory note receivable from related party (RMI VIII)

On April 15, 2022, the company loaned $1,000,000 to Redwood Mortgage Investors VIII, a related party (“RMI VIII”). This amount was utilized by RMI VIII to fund a mortgage loan made by RMI VIII in the amount of $3,500,000, which mortgage loan was secured by a deed of trust encumbering a real property consisting of six (6) tenancy-in-common units (each, a “TIC Unit”). At the time the RMI VIII mortgage loan was made, one of the TIC Units was in contract for sale with a scheduled closing date of April 18, 2022 and the mortgage loan borrower had agreed to utilize the net proceeds of the sale of the TIC Unit to pay down the mortgage loan in exchange for a partial release of the deed of trust securing the mortgage loan (“Release Proceeds”). The note evidencing the loan by the company to RMI VIII accrued interest at the same rate of 7.75% as the mortgage loan and the company’s loan to RMI VIII was secured by a pledge of all payments received by RMI VIII under the mortgage loan, including the Release Proceeds. The note matures on April 30, 2022. The Release Proceeds were received by RMI VIII on April 18, 2022 and thereafter all principal and interest due to the company under its note from RMI VIII was paid in full.

In May 2022, one loan with principal of $970,000 was sold to an unaffiliated investor. The company recognized a gain of approximately $9,000 net of commissions to and transaction costs from third parties.

The manager evaluated events occurring subsequent to March 31, 2022 and determined that there were no other events or transactions occurring during this reporting period that require recognition or disclosure in the unaudited financial statements.