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Category: Finance and Credit Current Grade: A Total Views: 748 Member Comments: 0 |
Posted on: 02/15/2011 Posted by: apostledavis05 Blog Points: 4 View all blogs >> |
My name is Dana and I am seeking motivated individuals to becoming a credit partner. If you are interested or have someone in mind with 700+ credit and can show income, we have a project in North Carolina that we are seeking credit partners for.
It is a very secure transaction and below are some of the details:
Location: Charlotte, NC
Project: Commercial property to be used for cash flowing business.
Property Value: The city currently has this property valued at 1.26Mil.
Selling Price: $550k
Loan-to-Value: 45%
Details: Credit partners will be added as a legal, decision making member of the LLC having 75% of the LLC. The credit partner will remain on the LLC until such time that the loan is either completely paid or refinanced releasing credit partner. Credit partner will receive upfront compensation once loan is funded. All parties will sign an in-depth Partnership Participation Agreement which will outline the details of the LLC including profit share. At the end of the transaction, credit partner will be removed from LLC.
If you are interested, please don't hesitate to send me an email at the email address below and I will send you additional information including Articles of Incorporation for the LLC, Powerpoint explaining details of the project, Demographics and surveys of the area where the property is located, and a copy of the Partnership Participation Agreement for you and your legal council to review.
Thank you so much for your time and I look forward to hearing from you very soon.
Mr. Dana Davis
efllc@hotmail.com

