How Does My Money Work for me with The "Bank Concept"™?

Overview

Think of yourself as a “Personal Lender”... a private “Banker”.

You are “lending” your money, along with others, to a borrower who in turn uses your “loan” to buy, improve and then sell selected, niche market real estate properties.

Steps to achieve this:

First you become a Preferred Member of your Club which is formed as an L.L.C..

To become a Preferred Member, you contribute to your “Club” the equivalent of one “unit” or $12,500.00 to one of the available “Bank Concept” project properties. Through the Club, you now “own” X% of that project.

Next, here is what you get on a one-year project transaction

ADVANCE

Simple interest: 12% per year simple interest return on your loan, paid in the worst case within 366 days from the date you deposit your cash in escrow.

Paid first. You get your money and 12% simple interest paid back FIRST before any other Member and/or Founder of the Club, if any.

Risk Mitigation. Your loan is structured for risk mitigation and abatement protection.

Compounding. If you want to re-loan your money to any other “Bank Concept” projects, you are granted a special status in which you have a first-right-of-refusal on a first-come-first-served basis with no obligation. This will allow you to compound your loan interest.

Example:

Soaring Eagle Lane project

- Total units = 6

- Total Preferred Member units =6

- Available Preferred Member units = 6

- Loan amount of each unit = $12,000.00

- Total funding = $75,000

You decide to loan one (1) unit which equals $ 12,500.00

1. Simple Interest :

1.1 12% per year simple interest

1.2 the simple interest you earn on your “loan” will equal $1,500.00

2. Paid First

2.1 12 months, plus one day, after closing on the project the “borrower” sells or refinances the property;

2.2 you receive two checks: one for your loan principal of $12,500, and, one for the interest, or $ 1,500.00

2.3 you will receive these two checks in the very worst case on the 366th day of your loan to the “Bank Concept”;

2.4 you are being paid all your loan(s) back before any other regular LLC member (if any) are paid anything.

2.5 once your loan of $12,500 and the interest is paid back, and that of each of the other Preferred Members, the LLC is dissolved .

3. Protection of your money ... is called Risk Mitigation

3.1 by owning a part of the LLC, you will own part of the real estate ... for which your money was used ...

3.2 through a Deed of Trust, that is, a lien position on the real property.

3.3 your money is held in an escrow account until needed;

3.4 we have Risk Mitigation procedures to be introduced later on larger projects;

4. Compounding

4.1 Since you are paid back first before any other members, you have your “loan” principal and interest back and have the ability to reinvest it into other properties (projects) to create a compounding effect on your money.