Available Investments - Ignite Funding

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Prez Enterprises, Inc. #6393 | TEXAS – ($700K Available)

Prez Enterprises, Inc. #6393 | TEXAS – ($700K Available)

First Trust Deed collateralized by a 19 .05-acre parcels of land approximately 12 miles north of downtown Houston, TX. The borrower is purchasing all 19 parcels in the form of finished lots and intends to construct finished spec homes on each lot. Vertical construction is anticipated to begin mid Q4 of 2024 with completion expected to occur sometime in mid-2025. These homes will all be 3 bed 2.5 bath models with 9 homes being 1571 sf and the other 10 homes being 1556 sf. The borrower expects to have these homes pre-sold before construction is complete and will begin marketing them once construction begins. Master Loan Amount: $5,363,000 Yield: Interest is paid monthly in arrears with payments due on the 1st of each month with a 10-day grace period. *For investments equal to or greater than $100,000 investors will earn 10.5%. Term: Nine months with an optional nine-month extension at maturity. Final maturity date is 3/25/26.

By Izzy|October 8th, 2024|Available Investments|0 Comments

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RJJR Investments Two, LLC #6372 | NEVADA – ($600K Available)

RJJR Investments Two, LLC #6372 | NEVADA – ($600K Available)

First Trust Deed collateralized by a 7.5-acres of raw land approximately 12 miles southwest of downtown Las Vegas, NV. This property is located adjacent to S Jones Rd which is anticipated to be widened from 4 to 6 lanes with construction beginning around November. This will increase overall traffic to the area as the city of Las Vegas continues to expand. Additionally, the surrounding land in the subject property’s area is either owned by the airport or private individuals. The airport land is designated as open land that will not be sold off in the foreseeable future and the privately owned land in the section is further away from sewer lines than the subject property and therefore is more costly to develop. These facts all bode well for the borrower, who plans to subdivide this land into 12 paper lots which he will then sell to investors. Master Loan Amount: $2,730,000 Yield: 10% interest is paid monthly in arrears with payments due on the 1st of each month with a 10-day grace period. *For investments equal to or greater than $100,000 investors will earn 10.5%. Term: Nine months with an optional nine-month extension at maturity. Final maturity date is 3/16/26.

By Izzy|September 24th, 2024|Available Investments|0 Comments

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Rhino Holdings Marysville I, LLC #6328 | WASHINGTON – ($1.9M Available)

Rhino Holdings Marysville I, LLC #6328 | WASHINGTON – ($1.9M Available)

The collateral for this First Trust Deed loan consists of four parcels in the Marysville Town Center in the heart of Marysville, WA. Marysville is a vibrant, growing city on the banks of the Snohomish River known for its spectacular views of the Olympic and Cascade mountains. Washington has the 14th fastest growing economy in the US and Marysville is approximately 35 miles north of Washington’s largest city, Seattle. These four parcels cover 431,600 sf (10.6 acres) of land and are home to many large brands such as JC Pennys, Petco, Burlington’s, Verizon, and more. The borrower plans to acquire this facility and bring in new tenants to the available pads at higher rental rates allowing an overall NOI increase of nearly 30% for the Town Center. This loan will be used to finance the acquisition of the property while the borrower looks for buyers for each of the four parcels once stabilization is reached. Master Loan Amount: $24,391,000 Yield: 10% interest is paid monthly in arrears with payments due on the 1st of each month with a 10-day grace period. *For investments equal to or greater than $100,000 investors will earn 10.5%. Term: Nine months with an optional extension

By Izzy|August 6th, 2024|Available Investments|0 Comments

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Hillwood Homes at Silver Creek, LLC #6205 | UTAH – ($200K Available)

Hillwood Homes at Silver Creek, LLC #6205 | UTAH – ($200K Available)

First Trust Deed collateralized by four finished lots in Park City, UT. All the grading work for the site has been completed and is ready for the foundation to be poured. Construction permits have already been submitted for each of the nearly 5,000 square foot homes (including partially finished basements). Situated in the Silver Creek Village community that the borrower is currently building in, they have a great understanding of the type of home the market is looking for. Three of the homes are presold and the fourth home won’t be listed for sale until it is approximately 30% complete. Homes in the community average over $1,000,000 each. Master Loan Amount: $3,600,000 Yield: 10% interest is paid monthly in arrears with payments due on the 1st of each month with a 10-day grace period. *For investments equal to or greater than $100,000 investors will earn 10.5%. Term: Nine months with an optional nine-month extension at maturity. Final maturity date is 9/6/25. Loan # Collateral – Lot# Estimated Funding Date Estimated Amount Use of Proceeds 6206 1, 4

By Izzy|April 11th, 2024|Available Investments|0 Comments

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Rhino Holdings Grimes, LLC #6027 | NEW MEXICO – ($400K Available)

Rhino Holdings Grimes, LLC #6027 | NEW MEXICO – ($400K Available)

The collateral for this loan consists of a former K-Mart in Hobbs, NM which is approximately 300 miles southeast of New Mexico’s largest city, Albuquerque. This 88,849 square foot facility was purchased by the borrower in 2018 after the previous tenant moved out leaving the property completely vacant. Since that time the borrower has leased 87% of the project to national brands which will open for business once the tenant improvement work is completed. This loan will be used to refinance the acquisition of the property and future tranches will be used to complete the six million of work on the property. Most of the money will go into tenant specific work but some will be utilized for repair to the structure, landscaping, lighting, and to repave the parking lot. Master Loan Amount: $15,880,000 Yield: 10% interest is paid monthly in arrears with payments due on the 1st of each month with a 10-day grace period. *For investments equal to or greater than $100,000 investors will earn 10.5%. Term: Nine months with an optional nine-month extension at maturity. Final maturity date is 5/27/25.

By Izzy|November 27th, 2023|Available Investments|0 Comments

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JCM Development, LLC #5992 | MONTANA – ($200K Available)

JCM Development, LLC #5992 | MONTANA – ($200K Available)

The collateral for this loan consists of an approximately 3.94-acre parcel of land which is currently zoned B-2 giving the borrower options for many businesses uses such as manufacturing, retail, residential and multifamily. It is the intent of the borrower to construct a retail center on the site. The total size will be approximately 53,000 square feet. He is already working with four different local and regional tenants to occupy the property which he expects to be fully leased by the spring of 2024, before the project is completely built. Just to the west of the site, within the same development, the borrower is currently constructing about 70 units of multifamily fourplex’s which will be a great built-in customer base for these retailers. Master Loan Amount: $8,000,000 Yield: 10% interest is paid monthly in arrears with payments due on the 1st of each month with a 10- day grace period. Term: Nine months with an optional nine-month extension at maturity. Final maturity date is 3/19/25. * Interest is paid monthly in arrears with payments due on the 1st of each month with a 10-day grace period.

By Izzy|September 22nd, 2023|Available Investments|0 Comments