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Hard Money

Citywide Land & Development, LLC #5517-5519 | TEXAS – FUNDED

First Trust Deed collateralized by ten fully developed residential lots in Odessa, TX (about 350 miles west of Dallas, TX and 140 miles south of Lubbock, TX). Ranked as one of the fastest growing micro cities in America, there is a need for new housing supply in this area. The borrower on the loan is acquiring the 10 approximately 0.13 acre lots and has a contractor building each of the units. Each of the 10 units average 1,820 square feet and are three bedrooms with two bathrooms. It is the current intent of the borrower to lease up the units and then sell them to their investors Master Loan Amount: $2,530,000 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 12/13/23

By |July 5th, 2022|Funded Investments|0 Comments
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Green Level West II, LLC #5523 | NORTH CAROLINA – FUNDED

The collateral for this loan is an approximately 10-acre site that will be entitled to allow for the construction of a 74-unit apartment building. This acquisition sits contiguous to two separate properties the borrower has under contract which will total over 40 acres. Since the purchase of this land happened before it was fully entitled, the borrower used Ignite to acquire the property while continuing the entitlements on the whole 40 acres of land. On the other side of the property construction has begun on over 1 million square feet of medical space that is owned by Duke Health. The city has already expressed a desire on their master plan to make this corridor the new “heart” of the city which bodes well for the long-term viability of the project and the short term needs to get the property entitled. The borrower for this loan is working alongside Duke Health to get the two projects combined into one master plan which will increase the property’s value given the economies of scale. Loan Amount: $3,450,000 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

By |June 30th, 2022|Funded Investments|0 Comments
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Half Barrel, Inc #5406 | WYOMING – FUNDED

The collateral for this loan is a 4,735 square foot liquor store that sits on 1.18 acres of land. In addition to the 1.18 acres of land and liquor store, the borrower is also acquiring the 12.23 acres of adjoining undeveloped land. Currently the borrower intents to get a subdivision map approved separating the liquor store from the remaining land as well as get a commercial zoning designation for the undeveloped land. Once approved, they intend to refinance the liquor store through a local bank creating a paydown on the loan. Concurrently, they will look to sell of the remaining acreage. As of a few weeks ago, they are in discussions with a hotel chain that is looking to partner with them to build a new hotel on part of the remaining land. With the land that remains after refinancing the liquor store and selling the hotel portion, the borrower is looking to sell it as a future multifamily site. Loan Amount: $2,590,000 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

By |May 31st, 2022|Funded Investments|0 Comments
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Rhino Holdings Andrews, LLC #5405 | TEXAS – FUNDED

The collateral for this loan is 62 room hotel in Andrews, TX which is about 100 miles south of Lubbock, TX. The current hotel sits on 3.57 acres of land that is currently being operated under the “Oakwood Suites” umbrella. In talking with numerous hotel operators, the borrower is close to signing a Property Improvement Plan (PIP) to convert the branding of the hotel into a more well-known franchise to increase the occupancy, and ultimately increase its value. In a more formalized way, the PIP tells the property owner what needs to be changed to the property in order for the new operator to begin operations. It is an exhaustive list covering all items imaginable from large scale deferred maintenance items all the way down to the mundane such as thread counts on sheets or number of cups in a room. The borrower anticipates completing the PIP in five months and then will look to sell the asset when the property is in position to command a higher price. Loan Amount: $2,800,000 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

By |May 17th, 2022|Funded Investments|0 Comments
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Westside Land Holdings, LLC #5404 | UTAH – FUNDED

The collateral for this first position trust deed is a 32.8 acres site that will eventually be developed into an industrial complex. The borrower has worked for about two years to acquire multiple parcels of land and assemble them into a large, undivided site which has allowed for some economic efficiencies when dealing with this size of a project. Given the size, one of the largest industrial developers has taken notice and currently has the property under contract to purchase from the borrower for over $21,000,000. Although some dirt will need to be brought to the site to raise the ground level, all utilities are stubbed to the site from Center Street. Loan Amount: $9,000,000 Yield: 11% 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 no options to extend.

By |May 17th, 2022|Funded Investments|0 Comments
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Yuma Care, LLC #5394 | ARIZONA – FUNDED

First Trust Deed collateralized by a parcel of a commercially zoned property approximately 170 miles east of San Diego, CA and 180 miles west of Phoenix, AZ. Since the borrower acquired the site in October of 2020, they have worked with the local municipalities to get the property entitled to allow the construction of a geriatric behavioral health facility. This will be the borrowers fifth such facility since 2011 with plans on doing two more each year. Once completed, the property will consist of 16,800 square feet facility with 24 beds. Additionally, Ignite Funding was able to review the appraisal that shows a completed value of the asset at $11,907,000 and a stabilized value of $14,886,000. The pictures on the next page were taken on 3/20/22 to give you a sense of the current progress. Loan Amount: $500,000 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 two optional nine-month extension at maturity. Final maturity date is 7/11/23

By |April 28th, 2022|Funded Investments|0 Comments
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Gold Rose Group, LLC #5382-5389 | NEVADA – FUNDED

First Trust Deed collateralized by 5.03 acres of residentially zoned land in the Northwest part of Las Vegas, NV. The currently undeveloped land is surrounded by properties zoned as rural estates as well as some parcels of slightly higher density. It is the intent of the borrower to get a tentative map (shown on the following page) approved with the city and begin developing the land into two separate four half acre lot communities. Once the land development is completed, the borrower intends to build single family homes on the lots which should average 5,000 square feet each and start at a selling price of $2,100,000. The tentative map is anticipated to become a final map in three months since this is what is considered a conforming zone change. Master Loan Amount: $3,180,000 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 10/16/23.

By |April 14th, 2022|Funded Investments|0 Comments
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Gold Rose Group, LLC #5377-5380 | NEVADA – FUNDED

First Trust Deed collateralized by 2.01 acres of residentially zoned land in the Northwest part of Las Vegas, NV. The currently undeveloped land is surrounded by properties zoned as rural estates as well as some parcels of slightly higher density. It is the intent of the borrower to get a tentative map (shown on the following page) approved with the city and begin developing the land into four half acre lots. Once the land development is completed, the borrower intends to build single family homes on the lots which should average 5,000 square feet each and start at a selling price of $2,100,000. The tentative map is anticipated to become a final map in three months since this is what is considered a conforming zone change. Master Loan Amount: $1,520,000 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 10/16/23.

By |April 14th, 2022|Funded Investments|0 Comments
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Copper Cart, LLC #5374 | NEVADA – FUNDED

The collateral for this loan is a 1.12-acre piece of land located near the corner of Centennial Parkway and Durango Drive. Building permits will be issued shortly for the borrower to start the construction of an 8,555 two tenant retail center. Both suites are preleased with the larger of the two suites leased to Born & Raised “BAR” which is a sports-focus bar catered towards locals. The other suite is preleased to “Firefly Tapas Kitchen & Bar” which has been around since 2003 and a quickly become a locals’ favorite. This is the second building within the center the borrower has constructed and is very similar to multiple other locations they have done over the past few years. Current leases will have the property producing over $380,000 in annual net revenue when completed. Loan Amount: $2,000,000 Yield: 10% interest is paid monthly in arrears with payments due on the 1st of each month with a 10-day grace period. *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 10/20/23

By |April 4th, 2022|Funded Investments|0 Comments
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Goodyear 49, LLC #5367 | ARIZONA – FUNDED

The collateral for this loan is a 4.6 net acre site in Goodyear, AZ. The project will consist of 47 attached residential townhome units. All units will have three bedrooms and two and a half bathrooms ranging from 1,690-1,801 square feet. The modern looking townhomes will be constructed as a “build-to-rent” townhome project. The finished project will operate like an apartment complex but will be built with individual townhome units allowing the buyer of the property the flexibility to sell off individual units when they see fit. Metro Phoenix is home to about 5 million people where net migration continues to fuel its growth. Over the past two decades, Phoenix has grown by nearly 100,000 people every year. Phoenix’s relatively young population with the age cohort 25-34 containing the largest percentage of residents (about 15%) are ideal purchasers/renters for the entry level townhomes. The buyer has been approached by multiple equity firms to purchase the finished product when each of the buildings are completed. Master Loan Amount: $18,312,000 Yield: 10% interest Schedule: 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 two optional nine-month extension

By |March 15th, 2022|Funded Investments|0 Comments
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Ignite Funding, LLC | 6700 Via Austi Parkway, Suite 300, Las Vegas, NV 89119 | P 702.739.9053 | T 877.739.9094 | F 702.922.6700 | NVMBL #311 | AZ CMB-0932150 | | Money invested through a mortgage broker is not guaranteed to earn any interest and is not insured. Prior to investing, investors must be provided applicable disclosure documents.
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