Private Funding Business

[John Rubino]

Hello,

My name is John Rubino and I am the Founder and Co-Managing Director of JID Investments, LLC (JIDI). JIDI is a private funding business that primarily funds short-term projects, mostly real estate. We research requests from borrowers (we refer to them as Partners), most of whom are looking to buy, renovate, and flip properties. We have funded five projects, for a total of $1,300,000, in the past six months and anticipate funding approximately 4-6 projects starting as early as Feb 1st. If Partners agree to our terms and the opportunities meet both business models, we will offer 100% funding on the purchase and renovation expenses (we will not fund more than 70% ARV and 80% ARV must be greater than or equal to our investment plus fee). Unlike a Hard Money Lender there are no monthly payments as all our original investments and fees will be collected at the closing.

Our basic terms are a 20% fee on the investment for a 6 month term and 30% on a 9 month term. Collateral on a fully funded project includes a personal guarantee, 3.5% additional interest for each partial/full month over the term, and 1st lien position (12 month period from transfer of funds and closing date). We also require (on the first deal only) either 4 Points (taken off the investment....NOT A PAYMENT TO US) or an unencumbered asset as additional collateral. We are also interested in joint ventures and equity partnerships if the terms make sense for both parties.

We are only interested in working with companies and investors who desire a win-win situation on all projects and are looking for a long-term partner. We always strive for both parties to be treated fairly when it comes to a deal. We are also very transparent and straight forward.

As we move into 2014 we are looking for opportunities to fund businesses and investors in the Richmond area as we have heard some great news about the real estate market there. We will also continue to look for opportunities as far north as NJ and as far south as Florida (east coast only please). If you are in these areas and are looking for a serious funding partner to provide the capital for your projects than contact me at your convenience for a copy of our funding parameter document and to see if we can build a successful business relationship moving forward.

Regards,

John A. Rubino

Founder & Co-Managing Director

JID Investments, LLC.

361-443-7054

Facebook: “JID Investments, LLC”

[Don Konipol]

Wow! I thought my rates were high. 40% annual interest. What do you do in states with usury rates below 40% (like Texas at 18%)?