FINANCING NEEDED - Distressed Properties project

SUMMARY California Real Estate; Distressed Properties

IRR is projected 30% annually based on a three year maximum hold period.

85% of the fund profits will go to the investor.

Fund will purchase existing single family homes, and undeveloped land in the line of development. Palm Desert has been one of the fastest growing areas in the United States.

Why Invest Now in Palm Desert?

Residential properties are selling at least 50% off their 2007 valuations. Previous historical recovery to pre-recession levels has been within 36 months. Residential properties have a positive cash flow based on 10% NPV.

Undeveloped land here has historically returned 30% year.

The population of Palm Desert, and the 50 mile radius, has increased 10 fold in 20 years. Based on past migration, there is no surplus home inventory.

The Palm Desert area is home to 30 of the worlds most upscale communities including The Vintage, The Reserve, The PGA West, Bighorn, and Stone Eagle.

Exit Strategy: Sell the properties within 3 years, depending on market recovery.

Bio: Developed properties in the 1986 home down-turn. Developer is a former licensed Real Estate Agent and is a Registered Financial Advisor.