Investments
FRANCIS DEVELOPMENT
Business Description: Construction/Development –redeveloping single family homes in Silver Spring, MD
Timeline for investment: January 2017 – December 2017
Amount: $100,000
Investment Type: Working Capital Debt – 12% interest over 12 months
Collateral: Secured by properties under development – behind bank debt
BROOKWYNN
Business Description: Redeveloping single-family homes in Philadelphia
Timeline for investment: February 2018 – February 2023
Amount: $150,000
Investment Type: Equity in Real Estate; 12 – 14% annual cash on cash returns
Collateral: Secured by property ownership; rent is 90% guaranteed by HUD
BLUEPRINT
Business Description: Construction/Development – redeveloping
single-family homes in Silver Spring, MD
Timeline for investment: April 2018 – April 2019
Amount: $400,000
Investment Type: Working Capital Debt – 10% interest over 12 months
Collateral: Secured by properties under development – behind bank debt
SMOKER’S DELIGHT CATERING
Business Description: Catering company
Timeline for investment: September 2016 -Jan 2017
Amount: $10,000
Investment Type: Working Capital Debt – 10% interest over 5 months
Collateral: Secured by pre-orders for catering services
Financial Results: Repaid in full $11,000 in January 2017