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Funded Investments

Harmony461, LLC, #4411 – NEVADA – FUNDED

First Trust Deed collateralized by approximately 10 gross net acres of residential land located near the Vista Cielo subdivision in North Las Vegas, Nevada. Vista Cielo is a 100 lot community owned and built by Harmony Homes. This residential land, along with another piece of land just to the south of this one will be developed into one of the last phases of the community. The main entrance to the subdivision is located across the street from the entrance to Shadow Creek Golf Course, with Mojave High School just west of the lot.

Loan Amount: $262,000

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: 6 months with one optional 6 month extension period at maturity.

Harmony461, LLC., #4410 – NEVADA – FUNDED

First Trust Deed collateralized by approximately 6.93 net acres of residential land located near the Vista Cielo subdivision in North Las Vegas, Nevada. Vista Cielo is a 100 lot community owned and built by Harmony Homes. This residential land, along with another piece of land just to the south of this one will be developed into one of the last phases of the community. The main entrance to the subdivision is located across the street from the entrance to Shadow Creek Golf Course, with Mojave High School just west of the lot.

Loan Amount: $262,000

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: 6 months with one optional 6 month extension period at maturity.

Blue Heron Obsidian LLC #4403 – NEVADA -FUNDED

First Trust Deed collateralized by 29.55 acres of residential land near the highly desirable MacDonald Highlands subdivision near the corner of South Stephanie St and West Horizon Ridge Pkwy in Henderson, NV (approximately 18 miles southeast of Downtown Las Vegas, NV). The borrower is in the process of getting the land approved for a 33 lot subdivision for the site. Average finished lot prices for this community will be $530,000 compared to $1,000,000 within MacDonald Highlands.

Loan Amount: $2,000,000

Yield: 10.25% (Principal Balance ≥ $100,000); 10% (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: 6 months with an optional 6 month extension at maturity.

Tailor Built Homes , LLC #4400 – UTAH -FUNDED

First Trust Deed collateralized by a fully developed .32 acre residential lot located in Riverton, UT (approximately 18 miles south of downtown Salt Lake City, Utah). Loan proceeds will be used for the construction of a five bedroom, four and a half bath home. The home will be a total of 3,125 square feet with 1,707 square feet of finished space (does not include the partially unfinished basement).

Loan Amount: $540,000

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.

Tailor Built Homes , LLC #4399 – UTAH – FUNDED

First Trust Deed collateralized by a fully developed .24 acre residential lot located in Farmington, UT (approximately 17 miles north of downtown Salt Lake City, Utah). Loan proceeds will be used for the construction of a four bedroom, three and a half bath home. The home will be a total of 3,311 square feet with 1,606 square feet of finished space (does not include the partially unfinished basement).

Loan Amount: $360,000

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.

The Ventana Trust #4398 – 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 2011 and has been used as a rental home since. The home is approximately 1,266 square foot home built in 2001, has 3 bedrooms and 2 full bathrooms and is located in the Green Valley South neighborhood of Henderson.

Loan Amount: $130,000

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: 6 months with one optional 6 month extension period at maturity.

Douglas Ansell #4397 – 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 approximately 2,094 square feet built in 1989, has 4 bedrooms and 3 bathrooms and is located in the Green Valley South neighborhood of Henderson.

Loan Amount: $190,000

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: 6 months with one optional 6 month extension period at maturity.

Haojia , LLC #4396 – NEVADA -FUNDED

First Trust Deed collateralized by a fully developed 0.88 acre residential lot in the highly desirable MacDonald Highlands subdivision near the corner of South Stephanie St and West Horizon Ridge Pkwy in Henderson, NV (approximately 18 miles southeast of Downtown Las Vegas, NV). The borrower continues to work with the engineers and architects to fine tune the building plans in preparation for construction. Construction will be paid for directly from the borrower through proceeds from his companies. It is anticipated that construction will be completed in December of 2018.

Loan Amount: $600,000

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: 6 months with one optional 6 month extension period at maturity.

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    Rhino Investments NM Hotel, LLC #4395 – NEW MEXICO – FUNDED

Rhino Investments NM Hotel, LLC #4395 – NEW MEXICO – FUNDED

First Trust Deed collateralized by Hotel Cascada, located in Albuquerque, New Mexico, a 300-guestroom hotel with 31,000 square feet of rentable function space, food outlets and its on-site waterpark, ABQ Surf N’ Slide. Since acquiring the hotel about six months ago, the borrower has agreed to change the management company to Wyndham Hotels. As part of the switch to Wyndham, the property will close for a few months while major renovations are done to the property in preparation of opening as a Wyndham Resort.

Loan Amount: $6,650,000

Yield: 10.75% (Principal Balance ≥ $100,000) 10.5% (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: 13 months with an optional 12 month extension at maturity.

BDEC West, LLC #4394 – NEVADA – FUNDED

First Trust Deed collateralized by 4.54 net acres of commercially zoned land in Enterprise, NV (located approximately 17 miles southwest of Las Vegas, NV). The borrower recently purchased the property directly to the east of this site and has already begun the initial development of the site turning it into a tavern with a gaming license. Since late in 2016, the borrower has been working with local municipalities in order to get a tentative map in place on the collateral of this loan allowing for 28,550 square feet of commercial space. The space will be broken down into five different pads that will include two fast food restaurants, one convenient/gas store, and two inline retail spaces.

Loan Amount: $2,400,000

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: 6 months with one optional 6 month extension period at maturity.

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