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













revised: 05/05/2010






















NOTE COLLATERAL TERMS
      LIEN     AFTER REPAIRED VALUE % # YRS MONTHLY BALLOON
PHOTO AMOUNT TYPE POSITION TYPE PROPERTY ADDRESS ASSESSED MARKET LTV% INTEREST MATURITY PAYMENT PAYMENT
                         

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
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
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

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$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

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$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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