Here is a current list of Notes that we are offering. Please feel free to contact us on any specific Note. Since these are properties that we currently own, have interest in, or are seeking to acquire, we are not acting in the capacity of a real estate or securities broker. All these Notes have both the equity and the cash flow to support your investment at the terms and rates listed. Of course, the list will change frequently so we reserve the right to do so without advanced notice.
| N O T E S F O R O F F E R |
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| revised: 12/10/2009 |
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| NOTE |
COLLATERAL |
TERMS |
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LIEN |
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AFTER REPAIRED VALUE |
% |
# YRS |
MONTHLY |
BALLOON |
| PHOTO |
AMOUNT |
TYPE |
POSITION |
TYPE |
PROPERTY ADDRESS |
ASSESSED |
MARKET |
LTV% |
INTEREST |
MATURITY |
PAYMENT |
PAYMENT |
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30354 Hanover, Westland, MI |
$40,000 |
Refinance |
1st |
Single Family |
30354 Hanover, Westland, MI |
$103,334 |
$70,000 |
57% |
8.75% |
5 |
$291.67 |
$40,000 |
 
21300 Parklawn, Oak Park, MI |
$50,000 |
Refinance |
1st |
Single Family |
21300 Parklawn, Oak Park, MI |
$155,540 |
$90,000 |
56% |
8.75% |
5 |
$364.58 |
$50,000 |
 
23520 Morton, Oak Park, MI |
$45,000 |
Refinance |
1st |
Single Family |
23520 Morton, Oak Park, MI |
$120,560 |
$71,000 |
63% |
8.75% |
5 |
$328.13 |
$45,000 |
 
14211 Greenbriar, Oak Park, MI |
$50,000 |
Refinance |
1st |
Single Family |
14211 Greenbriar, Oak Park, MI |
$130,680 |
$78,500 |
64% |
8.75% |
5 |
$364.58 |
$50,000 |
 
24261 Moritz, Oak Park, MI |
$50,000 |
Refinance |
1st |
Single Family |
24261 Moritz, Oak Park, MI |
$133,980 |
$80,000 |
63% |
8.75% |
5 |
$364.58 |
$50,000 |
 
23020 Marlow, Oak Park, MI |
$50,000 |
Refinance |
1st |
Single Family |
23020 Marlow, Oak Park, MI |
$119,240 |
$80,000 |
63% |
8.75% |
5 |
$364.58 |
$50,000 |
 
24070 Meadowlark, Oak Park, MI |
$50,000 |
Refinance |
1st |
Single Family |
24070 Meadowlark, Oak Park, MI |
$132,880 |
$85,000 |
59% |
8.75% |
5 |
$364.58 |
$50,000 |
 
13431 Rosemary, Oak Park, MI |
$50,000 |
Refinance |
1st |
Single Family |
13431 Rosemary, Oak Park, MI |
$125,400 |
$82,500 |
61% |
8.75% |
5 |
$364.58 |
$50,000 |
 
21610 Whitmore, Oak Park, MI |
$50,000 |
Purchase |
1st |
Single Family |
21610 Whitmore, Oak Park, MI |
$121,440 |
$80,000 |
63% |
10.00% |
5 |
$416.67 |
$50,000 |
 3317 Meinrad, Waterford, MI
Photo not available |
$45,000 |
Purchase |
1st |
Single Family |
3317 Meinrad, Waterford, MI |
$97,482 |
$70,000 |
64% |
10.00% |
5 |
$375.00 |
$45,000 |
 
23200 Rensselaer, Oak Park, MI |
$50,000 |
Purchase |
1st |
Single Family |
23200 Rensselaer, Oak Park, MI |
$121,440 |
$82,000 |
61% |
10.00% |
5 |
$416.67 |
$50,000 |
 
8835 Kenberton, Oak Park, MI |
$50,000 |
Purchase |
1st |
Single Family |
8835 Kenberton, Oak Park, MI |
$116,380 |
$73,000 |
68% |
10.00% |
5 |
$416.67 |
$50,000 |
 
24031 Jerome, Oak Park, MI |
$50,000 |
Purchase |
1st |
Single Family |
24031 Jerome, Oak Park, MI |
$130,900 |
$79,000 |
63% |
10.00% |
5 |
$416.67 |
$50,000 |
 
21821 Marlow, Oak Park, MI |
$50,000 |
Purchase |
1st |
Single Family |
21821 Marlow, Oak Park, MI |
$133,320 |
$82,500 |
61% |
10.00% |
5 |
$416.67 |
$50,000 |
 
21971 Church, Oak Park, MI |
$50,000 |
Purchase |
1st |
Single Family |
21971 Church, Oak Park, MI |
$119,460 |
$85,000 |
59% |
10.00% |
5 |
$416.67 |
$50,000 |
53 High, Clawson, MI
Photo not available |
$50,000 |
Purchase |
1st |
Single Family |
53 High, Clawson, MI |
$105,446 |
$77,000 |
65% |
10.00% |
5 |
$416.67 |
$50,000 |
1821 N Center, Royal Oak, MI
Photo not available |
$50,000 |
Purchase |
1st |
Single Family |
1821 N Center, Royal Oak, MI |
$206,272 |
$98,000 |
51% |
10.00% |
5 |
$416.67 |
$50,000 |
 
1057 Leroy, Ferndale, MI |
$45,000 |
Purchase |
1st |
Single Family |
1057 Leroy, Ferndale, MI |
$136,686 |
$69,500 |
65% |
10.00% |
5 |
$375.00 |
$45,000 |
 
24221 Oneida, Oak Park, MI |
$50,000 |
Purchase |
1st |
Single Family |
24221 Oneida, Oak Park, MI |
$143,220 |
$85,000 |
59% |
10.00% |
5 |
$416.67 |
$50,000 |
3219 Rycroft, Keego Harbor, MI
Photo not available |
$50,000 |
Purchase |
1st |
Single Family |
3219 Rycroft, Keego Harbor, MI |
$119,680 |
$105,000 |
48% |
10.00% |
5 |
$416.67 |
$50,000 |
SE 1/4 of SW 1/4 of SEC5, T15NR16W
Photo not available |
$55,000 |
Refinance |
1st |
Vacant Land |
SE 1/4 of SW 1/4 of SEC5, T15NR16W |
$132,500 |
$80,000 |
69% |
11.25% |
3 |
$515.63 |
$55,000 |
3828 W 13 Mile, Royal Oak, MI
Photo not available |
$290,000 |
Purchase |
1st |
Multi-Family |
3828 W 13 Mile, Royal Oak, MI |
$393,000 |
$375,000 |
77% |
7.75% |
5 |
$1,872.92 |
$290,000 |
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