Who's Looking for a long-term Private Lender?

[John Rubino]

Hello BP Nation,

I hope this message finds you all well.

Our business, JID Investments LLC. (JIDI) has been doing fantastic to date with projects that have sold in Atlanta and on the market in Southern and Eastern Maryland. We are also getting ready to participate as a 15% equity partner on a 3.125M investment in Washington, DC NW (Adams Morgan area). To date we have raised over 1.5M in capital and are involved in projects where we are providing 100% private financing through our investors for all purchase price and rehab costs.

Our goal on fully financed projects is to receive a 20% return on a 6 month term or 30% on a 9 month term. Our collateral for fully funded projects includes a Personal Guarantee, 3% additional for each partial/full month over the term, and first position on the lien. For the first project only we also require the partner to either choose from an additional 4 points (to be taken out of the investment but paid back to the partner if the project completes within 4.5 months) or an unencumbered asset.

On our joint venture deals we will come in as a 50% equity partner and require a 50/50 profit split on the total earned on that given project.

We are currently interested in the Washington DC, Maryland, Virginia, North/South Carolina, and Georgia markets. I’d love to hear from you if you have a project that needs financing or are looking for a joint venture partner. We are looking at building long lasting relationships where we work with potential partners on a long-term scale. I look forward to hearing from you soon.

Regards,

John A. Rubino

Co-Managing Director & Founder

JID Investments, LLC.