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Ignite Funding was featured in the August Las Vegas issue of the BBB Connection. To learn more about company President, Carrie Cook and how Ignite Funding is helping investors build their financial futures, download a free copy here.
First Trust Deed collateralized by a soon to be fully developed residential lot (0.19 acres in size) located in Holladay, UT (approximately 17 miles southeast of downtown Salt Lake City, Utah). Loan proceeds will be used for the construction of a three-bedroom, two and a half bath home. The home will be a total of 4,065 square feet with 2,690 square feet of finished space (does not include the partially unfinished basement). The borrower is acquiring all three of the partially finished lots at the end of the street. Money to complete the development will be held at the title company out of the sellers proceeds to complete the development work. The borrower will start all three homes shortly after the development is completed. Loan Amount: $575,000 Yield: 10.25% (Principal Balance ≥ $100,000); 10.00% (Principal Balance < $100,000) Interest is paid monthly in arrears with payments due on the 1st of each month with a 10-day grace period. Term: Six months with an optional six-month extension at maturity.
First Trust Deed collateralized by a soon to be fully developed residential lot (0.21 acres in size) located in Holladay, UT (approximately 17 miles southeast of downtown Salt Lake City, Utah). Loan proceeds will be used for the construction of a three-bedroom, two and a half bath home. The home will be a total of 4,140 square feet with 2,400 square feet of finished space (does not include the partially unfinished basement). The borrower is acquiring all three of the partially finished lots at the end of the street. Money to complete the development will be held at the title company out of the sellers proceeds to complete the development work. The borrower will start all three homes shortly after the development is completed. Loan Amount: $525,000 Yield: 10.25% (Principal Balance ≥ $100,000); 10.00% (Principal Balance < $100,000) Interest is paid monthly in arrears with payments due on the 1st of each month with a 10-day grace period. Term: Six months with an optional six-month extension at maturity.
June 2nd marked the third year in a row that Ignite Funding visited and educated investors in the Bay Area of California. Dawn Pitts, Business Development Executive at Ignite Funding has been the presenter at these seminars since its inception. “I have enjoyed educating investors throughout the Southwest United States the last three years and I hope to continue our free education program for years to come,” stated Pitts. Ignite Funding holds over six seminars a year in which all types of investors come to learn about real estate investing, specifically Trust Deeds. Pitts explained that, “Most investors understand the basics of investing in real estate, but when it comes to Trust Deed investing they need a better understanding of the process. That’s where I come in! The reason why we don’t charge some enormous fee like those “real estate gurus” you hear about on TV is simple: investors deserve to learn about these types of investments for free so that their current portfolios stay diversified and mitigate their overall risk. “ By continuing to offer free educational seminars, Ignite Funding hopes to assist investors by offering them double-digit returns through Trust Deed real estate investments. To learn more about
Ignite Funding attended the Las Vegas MoneyShow last week and had the opportunity to educate attendees about Trust Deed investments. “This is our fourth year at the MoneyShow”, said Howard Robbins, Business Development Executive at Ignite Funding. “Coming from a background in the financial services world, I am well versed in the needs of diversifying a client’s portfolio while searching for investments such as Trust Deeds that mitigate their portfolio’s risk levels”, added Robbins. This year’s MoneyShow had another great turnout with over 80 exhibitors and 500 attendees. Robbins stated that, “The exhibit hall had a good flow of traffic the entire event and it was nice seeing such a diverse group of exhibitors”. The Las Vegas MoneyShow continues to grow its alternative investment section with real estate investments, precious metal dealers, private cannabis companies, as well as energy and oil investments. Robbins believes that investors need the opportunity to learn about different investments outside of the stock market and that the information he presented to them about Trust Deed investing is something they should consider when deciding on new investments to add to their current portfolios. To learn more about Ignite Funding and the investments we offer, visit our
