A
large group of private investors wants to JV with you on any viable
project with an underlying real estate component such as; Hotels,
Motels, Apartment Complexes, Subdivisions, Medical Buildings, Assisted
Living Projects, and GOLF COURSES!
All
you need is 10% "Liquidity" and a Valid Business Plan
JV Venture Partnership Opportunities $3MM to $750MM
Partner
has an appetite for income producing properties, such as; Hotels,
motels, apartment complexes, subdivisions, medical buildings, assisted
living projects, almost anything that is real estate associated,
if you have a project, and you have 10% liquid for reserves, we
will partner with you and provide 100% funding for a term of five
years.
Qualifications: Must have a viable project, have a complete business
plan including 3 years financials complete with an exit strategy,
proof of 10% funds (Liquid) and a resume to include your track record.
If you have this in order, you are 90% home free!
All projects considered over 3 MM and may be answered within 48
hours.
How It Works?
Sample: You have a contract on a 40MM dollar income producing property,
developed, or needs to be developed. You have a resume and a successful
track record in this field, and you can prove that you have 10%
liquid; we want to be your partner!
With our JV program, you pay no interest payments, ever! You wave
these payments by taking on one partner at 40% to 45% giving you
the majority share at 55% to 60%.
You pay nothing until the project starts making money.
Step 1: Submit your project with proof of 10% funds, we will review
and get back to you 24-48 hours.
Step
2: We arrange a conference call between the JV facilitator and principals.
Step 3: An agreement outlining the terms discussed on conference
call are sent to you, if all clear, you sign and send back to us
with a 15K retainer. In this agreement, we guarantee funds.
Step 4: A funding agreement (commitment ) is issued within 24 hours.
Step
5: A 15K retainer for all legal work is required. This fee will
be refunded at closing.
Step
6: You will be instructed to open an account at Bank of America,
Citi, or HSBC with the 10% of the funding amount, in your name,
in a form of a CD, and blocked for 1 year.
NO COSTS TO YOU UNTIL A FIRM AGREEMENT TO FUND IS IN PLACE.
As you can see, everything is disclosed, no hidden surprises.
Partnership:
In most cases, you will find that when a hotel is being developed,
there are several partner/investors in place, all taking a piece
of the pie, the principal who put everything together is only getting
a small piece. Using our scenario, the principal gets 60%, we get
40%, we put up 100% of the money, they make no monthly payments,
and do not start paying 40% until the project starts profiting.
Traditionally, a 40 MM dollar loan at 10% interest only would cost
you 20 MM over a 5 year period, with us, you don't make interest
payments.
Benefits:Principals
make more money, making no interest payments.
Projects close in less than 30-45 days. Remember, this is not a
loan, this is your partner, you are closing on the partnership agreement
with a group that has all the capital you need.
Biggest
Benefit: In the event the Principals can not provide 10%, our
company will provide 10% for a fee of 10%. Example- $100 million
loan amount>10% of $100 mil=$10 mil JV partner will provide the
$10 mil in your name, Principals cost for providing $10million is
10% which = 1million. Prior to our company acquiring bank account
of $10 mil., Principal must wire over proof of funds for $1 million.
DISCLAIMER:
Information above was provided by others and should not be entirely
relied upon. Further diligence is advised.
Contact:
Mike Kahn, Golfmak, Inc. Email: mike@golfmak.com