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MOSAIC SEVEN, LLC #4291 | NEVADA – FUNDED

First Trust Deed collateralized by 2.5 acres of unentitled land which is currently owned by the Bureau of Land Management (BLM). The borrower was awarded the right to acquire the land through the BLM auction which took place in 2015. Since being awarded the property, the borrower has been working with the city and county to get the property zoned to allow for the development of a single family residential development. Although the property will ultimately be approved for approximately 20 residential units, it is part of a larger 200+ lot community that the borrower is currently working on getting entitled. The property is located in Southwest Las Vegas close to Mountains Edge, award-winning Master Planned Community.

 

Loan Amount: $740,000

Yield: 5% annual rate paid out monthly. An additional 9% annually will be paid when loan pays off. Interest is paid monthly in arrears with payments due on the 1st of each month with a 10-day grace period.

Term: Twelve months with an optional twelve month extension at maturity.

These investment are on a first come, first serve basis.

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    The MoneyShow Orlando: Join Top Speakers at the Event’s 35th Anniversary in Florida

The MoneyShow Orlando: Join Top Speakers at the Event’s 35th Anniversary in Florida

From March 2-5, The MoneyShow Orlando will mark its 35th anniversary and Dawn Pitts and David Hunter from Ignite Funding will be on hand to celebrate and share a wealth of investing tips.

Register here for the free event at Disney’s Contemporary Resort, which includes more than 150 educational classes on the current state of investing and an Exhibit Hall with state-of-the-art investing tools, products and software. This is your chance to discover select growth opportunities in technology, health care, real estate and other industries; identify under-the-radar dividend stocks that offer safety and high yields; and uncover some great potential values in hard-hit mining and energy stocks.

Each Day Ignite Funding will provide 15-minute in-booth session to learn about the power of investing in real estate through trust deeds | Booth #612

– See more at: http://blog.betterinvesting.org/?p=10842#sthash.P3a5Zk9J.dpuf

LF DIMPLE DELL, LLC | #4280 | UTAH – FUNDED

First Trust Deed collateralized by approximately 5.71 acres residential land situated just east of Interstate 15 in Sandy, Utah (approximately 18 miles south of Salt Lake City, Utah). Loan proceeds will be used for the development of the property. Since acquiring the property in October of 2015, the borrower has successfully received approval on a final map allowing for the development of a 16 lot community. The property was previously used as an animal boarding business and had a few structures on the property. Those structures have since been demolished and the development of the community has already begun. To this point the property is rough graded and work has begun on the wet and dry utility installation. Once the work is completed it is anticipated that the borrower will sell the property to another home builder in a bulk sale. The development is scheduled to be completed in June on 2016.

LF Dimple Dell, LLC is a special purpose entity established by Tailor Built Homes, the home building arm of Legacy Fields, a land contractor and developer in and around Salt Lake City, Utah. The principals have over four decades of real estate experience and have been a borrower […]

DOUGLAS ANSELL #4269 | NEVADA – FUNDED

First Trust Deed collateralized by a fully constructed single-family residential home in Henderson, Nevada, a suburb of Las Vegas. The home was acquired by the borrowers in 1998 as his primary residence. Since 2008, the property has been used as a rental home. The home is a approximately 2,094 square foot home built in 1989, has 4 bedrooms and 3 bathrooms and is located in the Green Valley South neighborhood of Henderson. Property is located in Green Valley area in Henderson, Nevada blocks from Sunset Park, 215-Beltway and Legacy Golf Course. Henderson was ranked as one of America’s safest cities and Best Place to Live by Sperling’s Best Places for the last 3 years.

Proceeds will be used towards the refinance of the property, including closing costs and fees, and prepaid interest. Loan will be repaid upon the sale or refinance of the subject property.

Loan Amount: $200,000

Yield:(principal value > $100,000): 10.25%
Yield:(principal value < $100,000): 10.00%

Term: Six Months with one optional six month extension at maturity.

These investment are on a first come, first serve basis.

Estimated Funding Date:  3/4/16

Truman Marketing, LLC | Loan #4263 | Utah – FUNDED

First Trust Deed collateralized by a fully constructed single-family residential home in Salt Lake City, Utah. The home has recently been acquired by the borrower with the intent of fixing it up and either selling it or holding onto it as a rental unit. After acquiring the property, the borrower has begun work to rehab the home in order to better position this approximately 768 square foot 2 bedroom, 1 bathroom home for sale or rent. Proceeds will be used towards the refinance of the property, including closing costs and fees, prepaid interest, and to finish the rehab of the home. Loan will be repaid upon the sale or refinance of the subject property.

Truman Marketing, Inc is an entity established in 2014 by Kenneth Thomson, the principal behind the company and owner of Bluemountain, Inc. Since 2014, Kenny Thompson has successfully acquired, rehabbed, and eventually sold over 400 residential homes in the Salt Lake City area of Utah.

Loan Amount: $60,000

Yield:(principal value > $100,000): 10.25%
Yield:(principal value < $100,000): 10.00%

Term: Six Months with one optional six month extension at maturity.

These investment are on a first come, first serve basis.

Estimated Funding Date:  2/29/16

BLUEMOUNTAIN, LLC | LOAN # 4264 | UTAH – FUNDED

First Trust Deed collateralized by a fully constructed single-family residential home in Ogden, Utah. The home has recently been acquired by the borrower with the intent of fixing it up and either selling it or holding onto it as a rental unit. After acquiring the property, the borrower has begun work to rehab the home in order to better position this approximately 1166 square foot 3 bedroom, 1 bathroom home for sale or rent.Proceeds will be used towards the refinance of the property, including closing costs and fees, prepaid interest, and to finish the rehab of the home. Loan will be repaid upon the sale or refinance of the subject property.

Bluemountain, Inc. is an entity established in 2007 by Kenneth Thomson, the principal behind the company. Since 2007, Bluemountain has successfully acquired, rehabbed, and eventually sold over 400 residential homes in the Salt Lake City area of Utah. Bluemountain branched out into new home construction with their first sale in 2014.

Loan Amount: $67,000

Yield:(principal value > $100,000): 10.25%
Yield:(principal value < $100,000): 10.00%

Term: Six Months with one optional six month extension at maturity.

These investment are on a first come, first serve basis.

Estimated Funding Date:  2/29/16

TRUMAN MARKETING, LLC | LOAN #4265 | UTAH – FUNDED

First Trust Deed collateralized by a fully constructed single-family residential home in Salt Lake City, Utah. The home has recently been acquired by the borrower with the intent of fixing it up and either selling it or holding onto it as a rental unit. After acquiring the property, the borrower has begun work to rehab the home in order to better position this approximately 720 square foot 1 bedroom, 1 bathroom home for sale or rent. Proceeds will be used towards the refinance of the property, including closing costs and fees, prepaid interest, and to finish the rehab of the home. Loan will be repaid upon the sale or refinance of the subject property.

Truman Marketing, Inc is an entity established in 2014 by Kenneth Thomson, the principal behind the company and owner of Bluemountain, Inc. Since 2014, Kenny Thompson has successfully acquired, rehabbed, and eventually sold over 400 residential homes in the Salt Lake City area  of Utah.

Loan Amount: $138,000

Yield:(principal value > $100,000): 10.25%
Yield:(principal value < $100,000): 10.00%

Term: Six Months with one optional six month extension at maturity.

These investment are on a first come, first serve basis.

Estimated Funding Date: 3/4/16

BLUEMOUNTAIN, INC. | LOAN #4266 | UTAH – FUNDED

First Trust Deed collateralized by a fully constructed single-family residential home in Murray, Utah. The home has recently been acquired by the borrower with the intent of fixing it up and either selling it or holding onto it as a rental unit. After acquiring the property, the borrower has begun work to rehab the home in order to better position this approximately 816 square foot 2 bedroom, 1 bathroom home for sale or rent. Proceeds will be used towards the refinance of the property, including closing costs and fees, prepaid interest, and to finish the rehab of the home. Loan will be repaid upon the sale or refinance of the subject property.

Bluemountain, Inc. is an entity established in 2007 by Kenneth Thomson, the principal behind the company. Since 2007, Bluemountain has successfully acquired, rehabbed, and eventually sold over 400 residential homes in the Salt Lake City area of Utah. Bluemountain branched out into new home construction with their first sale in 2014.

Loan Amount: $119,000

Yield:(principal value > $100,000): 10.25%
Yield:(principal value < $100,000): 10.00%

Term: Six Months with one optional six month extension at maturity.

These investment are on a first come, first serve basis.

Estimated Funding Date: 3/11/16

TRUMAN MARKETING, LLC | LOAN #4267 | UTAH – FUNDED

First Trust Deed collateralized by a fully constructed single-family residential home in Salt Lake City, Utah. The home has recently been acquired by the borrower with the intent of fixing it up and either selling it or holding onto it as a rental unit. After acquiring the property, the borrower has begun work to rehab the home in order to better position this approximately 672 square foot 2 bedroom, 1 bathroom home for sale or rent. Proceeds will be used towards the refinance of the property, including closing costs and fees, prepaid interest, and to finish the rehab of the home. Loan will be repaid upon the sale or refinance of the subject property.

Truman Marketing, Inc is an entity established in 2014 by Kenneth Thomson, the principal behind the company and owner of Bluemountain, Inc. Since 2014, Kenny Thompson has successfully acquired, rehabbed, and eventually sold over 400 residential homes in the Salt Lake City area  of Utah.

Loan Amount: $126,000

Yield:(principal value > $100,000): 10.25%
Yield:(principal value < $100,000): 10.00%

Term: Six Months with one optional six month extension at maturity.

These investment are on a first come, first serve basis.

Estimated Funding Date: 3/18/16

TRUMAN MARKETING, LLC | LOAN #4268 | UTAH – FUNDED

First Trust Deed collateralized by a fully constructed single-family residential home in Salt Lake City, Utah. The home has recently been acquired by the borrower with the intent of fixing it up and either selling it or holding onto it as a rental unit. After acquiring the property, the borrower has begun work to rehab the home in order to better position this approximately 888 square foot 2 bedroom, 1 bathroom home for sale or rent. Proceeds will be used towards the refinance of the property, including closing costs and fees, prepaid interest, and to finish the rehab of the home. Loan will be repaid upon the sale or refinance of the subject property.

Truman Marketing, Inc is an entity established in 2014 by Kenneth Thomson, the principal behind the company and owner of Bluemountain, Inc. Since 2014, Kenny Thompson has successfully acquired, rehabbed, and eventually sold over 400 residential homes in the Salt Lake City area  of Utah.

Loan Amount: $154,000

Yield:(principal value > $100,000): 10.25%
Yield:(principal value < $100,000): 10.00%

Term: Six Months with one optional six month extension at maturity.

These investment are on a first come, first serve basis.

Estimated Funding Date: 3/25/16

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