Villas at 35th, LLC #6021 | ARIZONA – SOLD OUT

The collateral for this loan consists of approximately three acres of multi-family zoned land in Phoenix, AZ. The current owner purchased the property about two years ago and worked with the proper government officials to get the site approved for a 35 unit attached residential community. The homes will be developed and ultimately constructed in one phase. The development work has already begun and should be completed in about six weeks. Already completed are the underground wet utilities and the dry utilities have just been started. Even prior to the completion of the horizonal development work, the borrower and their general contractor will begin the vertical construction of all 35 units. It is anticipated that the whole project will be completed in approximately nine months. Subsequent tranches of this loan will be used to complete all 35 units of this project. The 35 units are all three bedrooms with 2.5 bathrooms covering 1,312 square feet of living space each. Master Loan Amount: $9,600,000 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

MJZ, LLC #6005 | NEVADA – FUNDED

The collateral for this loan is a finished residential lot in Lake Las Vegas which is a master planned community surrounding the second largest reservoir in Southern Nevada. The lot was sold by the master planned developer directly to the borrower instead of going through a production home builder which is more typical for this type of transaction. The borrower has already consulted with a few of the top custom home builders in Las Vegas to price out potential construction jobs. The borrower ultimately chose JAG Development to build this home. Custom homes in this community average about 6,000 square feet and are valued at nearly $5,000,000. The borrower has submitted plans for a 5,500 square foot home with an estimated cost of over $4,000,000. Loan Amount: $514,000 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 no extensions at maturity. Final maturity date is 7/16/24.

Alpine Village, LLC #5895 – FUNDED

A 1.46 acre parcel of land, situated near the mouth of Kyle Canyon in Las Vegas, NV is the collateral for this first trust deed loan. This part of Las Vegas has seen more residential building permits pulled over the past year than nearly all other submarkets. As the old adage goes; “commercial follows rooftops.” This property is a prime example of that. The borrower intends to get zoning approval for the ultimate construction of a car wash and tire shop which will be nearly surrounded by newly constructed homes. The borrower will also have the property presold shortly after acquiring the parcel to the car wash operator who will ultimately occupy one of the two buildings. The completion of the zoning process which will be the triggering event to sell the project is anticipated to be completed in approximately nine months. Loan Amount: $1,280,000 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 4/3/25.

Slot Gaming Land Holdings, LLC #5988 | NEVADA – FUNDED

The collateral for this loan is a 1.13-acre piece of land located near the corner of Whispering Sands Dr and Garehime St. Since acquiring the site in April of 2022, the borrower worked with the city to allow a parcel split, subdividing the existing parcel into two separate lots. This was considered a conforming zone change so it wasn’t a matter of “if” it would be allowed but “when”. Now that the parcel split is behind them, building plans for two homes have been approved with the city. The homes average about 4,000 square feet each and are both single stories. Once the homes are framed, they will be listed for sale so potential buyers can pick out their finishing touches like countertops, cabinets, and color. Loan Amount: $2,200,000 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 3/27/25. *For investments equal to or greater than $100,000 investors will earn 10.5%.

JCM Development, LLC #5992 | MONTANA – SOLD OUT

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.  

LV Properties & Investments, LLC, White Series #5979 | NEVADA – FUNDED

The collateral for this loan is a single tenant office building that was built in 2005 just south of the airport in Las Vegas, NV. It is currently being used by the borrower as their main office building. As a developer in Las Vegas, they are nearing completion of a property downtown that they will move their main office to. Although the property is currently occupied, the borrower will be vacating the premises shortly after this loan goes into place. The approximately 5,000 square foot office space will then be listed for sale as a single tenant office building. Loan Amount: $1,100,000 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 3/4/25.  

Prez Enterprises, Inc #5955-#5970 | TEXAS – FUNDED

First Trust Deed collateralized by 16 fully built residential homes in Wolfforth, TX (about 12 miles southwest of Lubbock, TX). Consistently ranked in the fastest growing markets in Texas, there is a need for new housing supply in this area. The borrower is purchasing these 16 completed units from Betenbough Homes as a bulk transaction since a different buyer fell through. The borrower is under contract to purchase the completed homes at a discounted price given the longstanding relationship between the borrower and builder. Our borrower will then lease up the properties and sell the rented properties to their investors as cash flowing assets. Each home sits on approximately .17 acres of land with units ranging from 2,446 to 2,700 square feet in size. The borrower and seller have a long track record of performance which is part of the reason our borrower can get these units at such a discount. This is the fourth such loan structure that we have done with this borrower. Master Loan Amount: $5,352,000 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

Future Legends, LLC #5952 | COLORADO – FUNDED

First Trust Deed collateralized by roughly 100 acres of land which will eventually be developed into a youth sports facility, surrounding a professional baseball stadium. The overall complex will combine all elements needed for a successful youth sports faculty including restaurants, fields, hotels, retail, dormitories, and other amenities. The site is located about two miles east of downtown Windsor (60 miles north of Denver, CO). After purchasing the Orem Owlz minor league baseball team in 2004, the borrower envisioned developing a youth sports complex integrated into a minor league baseball facility. This vision is being manifested into the Future Legends Complex which will consist of 12 soccer fields, 10 baseball diamonds, a 64-team dorm, with retail shops and hotels surrounding the complex. This loan will encumber everything owned by the borrower in the area excluding the stadium, dorms, future hotel parcels, and the retail area which already has bank financing in place or in process. The 100 collateralized acres will continue to be developed by the borrower using the financing from this loan and additional money from the borrower. It is anticipated that the collateral for this loan will be fully developed within three months of this loan closing. Loan

Midway Land Holdings, LLC #5923 | UTAH – ($150K Available)

First Trust Deed collateralized by roughly 25 acres of partially improved land which will eventually be developed into 143 townhomes as well as a few commercial pads. This is the next phase of the successful Whitaker Farms project the borrower completed three years ago. Since acquiring the property in September of 2020, the borrower has torn down the old buildings on site and received master plan approval for the entire project. Additionally, phase one through three final map will be approved with the payment of fees and posting a bond, all of which this loan will be used for. Future fundings will be used for the development of phase two and three as well as to get the final map approved on the last two phases. In all, there will be 143 units built in the community, some of which will allow for nightly rentals. Additionally, the borrower already has over 40 reservations for the townhomes and two of the commercial pads even though homes won’t be finished for at least nine more months. Master Loan Amount: $37,300,000 Yield: 10% Interest is paid monthly in arrears with payments due on the 1st of each month with a 10-day grace period.

Forever Home, LLC #5900 | IDAHO – FUNDED

The collateral for this first position trust deed is a nearly 1.25-acre property with a 4,150 square foot home on it. This six bedroom, four and a half bathroom custom home was built in 1977 in the Aspen Grove Subdivision, an idyllic community situated in Meridian, ID which is about 13 miles West of Boise, ID. Over the past year nearly the entire home has been updated with new and modern fixtures. Loan Amount: $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 greater than $100,000 investors will earn 10.5% Term: Nine months with no additional extensions available. Final maturity date is 4/27/24.

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