CONSOLIDATED SECURE NOTES II LLC
Investors will receive a preferred disbursement of profits. The institutional banks, lenders and REO owners have already written non-performing assets down. The banks and other institutions (holders of these assets) are not prepared to handle a quick and orderly disposition of the non-performing assets. In addition, the Federal Regulatory agencies are requiring the banks and other institutions to liquidate non-performing assets to comply with regulations including the Dodd-Frank law. W... ith Banks paying historic low interest rates on savings accounts and the volatility of the stock market, many investors are obtaining very low yields on their money. Investors are looking for options to increase monetary performance through other investment vehicles. CSN has the resources to source and acquire the notes and REOs from the institutions. CSN will purchase and quickly reposition these non-performing notes and assets. Some of these acquired notes will be modified to become re-performing and sold to cash flow investors. Other notes will be converted to REOs by deed-in-lieu of foreclosure and foreclosures and they will be sold as quickly as possible. The company plans to convert the notes and REOs to cash and then re-invest the original partnership equity and distribute the profits quarterly. CSN’s profits will be derived from the spread between the deeply discounted purchases and the subsequent sale of the notes and REOs. Management is not salaried and will look to profit participation for its compensation. $3,000,000 Capital raise to purchase non-performing 1st position notes in real estate and institutional real estate owned (REO). The membership interests are $10,000 each or multiples thereof. Membership interests are available only to accredited investors. Please view financial projections on Page 118 of the Private Placement Memorandum. Prospective members/investors must look only to and rely upon the PPM for all detailed information concerning the offering.
CONSOLIDATED SECURE NOTES II LLC
Industry:
Asset Management Marketing Real Estate Sales
Founded:
2015-09-28
Address:
Henderson, Nevada, United States
Country:
United States
Website Url:
http://www.csnllc.net
Total Employee:
1+
Status:
Closed
Total Funding:
20 K USD