ATTENTION INVESTORS!
Did You Earn 12-15% In The Stock Market Last Year?
What about your CD's or self directed IRA?... Getting 12-15%?
Does any of your investment capital earn 12-15%?
Become an approved investor and
CONSISTENTLY EARN 12-15% ON YOUR MONEY!
Your Funds Are Totally 100% Protected!
Secured by a 1st mortgage with a 65-70% LTV (Loan To Value)
Minimum cash commitment of $150,000.
Average projects range from $100,000 to $250,000
Average turn around time period: 3-5 months.
EVERY TRANSACTION IS DONE THROUGH A REAL ESTATE ATTORNEY.
Ready to Hear More in Detail with Examples?
Check it all out right here:
www.privatelendingforprofit.com
Hello Potential Investors:
My name is Glen Gallucci. I am president of Peak Properties, LLC. We specialize in buying, rehabbing and selling 1-4 family residential properties. We purchase these properties either with our own funds or with funds provided by our lending institutions, banks, and private investors.
Our networking provides us with a steady stream of properties to analyze. We are growing and can purchase two to three properties per month. With the average turn around time of three to four months, there is a constant need for funding of new projects.
The properties we select are usually UGLY HOUSES! AND IN UGLY CONDITION which spells MONEY and A SECURED INVESTMENT! They are usually very neglected houses that need our special touch to make them into the pretty houses everyone falls in love with and purchases them giving us a nice profit. Again, this spells MONEY and A SECURED INVESTMENT! Why? Because we buy and own them 30 to 40% below market value!
We also purchase houses from pre-foreclosures having extremely motivated sellers. Also bank foreclosures, many of them greatly discounted directly from the mortgage lender. Some of these houses are ugly and need a lot of work. Some of these houses only need cosmetic work or no work at all and have a fast turn around time.
Our success is your success by achieving your investment goals of getting the highest interest on your money with a secured investment.
WE ARE NOT GAMBLERS!
Our purchases are based on precise market-derived data.
Your Not In The Deal Alone!
We also purchase and rehab projects with our own funds. So putting up our funds on a project is not an issue. If necessary, and depending on our current project load and purchases, we could participate in the funding of a project until your comfortable with funding the next project in it's entirety. All transactions are secured and purchased at 30-40% below market value!
With our proven buying formula, we never violate the 70-75% LTV (loan to value). This way we have plenty of room for profit and our lenders/investors are comfortable in having a secured investment.
We buy and sell houses on a full time basis, completed many projects, and have been in the construction industry over 25 years. We have an excellent reputation and excellent credit. We have established credit lines with major institutions and banks.
But these funds, while being a large amount, can get used up quickly in today's market. Being in the central and northern part of NJ, even ugly houses can command high prices. And since being able to strike quickly on good deals and keeping our word as being a fast cash buyer, it is imperative to have additional funding in place. We are growing in a fantastic real estate market.
We Are Aggressive Yet Conservative
We are aggressive in our marketing methods but never deviate from our purchasing formula. This formula gives us a cushion should we experience adverse market conditions.
We are aggressive in buying property. We make it known that: We come to the closing with CASH. We close FAST.
WE PAY BIG REFERRAL FEES FOR LEADS!
We are not greedy. This is how we get deals. Our business plan is a long term plan developing long term relationships. And through our networking, we receive many calls which we sort through to find only the best deals available that meet our criteria. These are the deals we purchase and fund ourselves and only these are the ones we would present to our investors.
Short Term or Long Term - Choose Your Comfort Level
Our business relationship can be short term doing one deal at a time basis or a longer term relationship doing multiple deals per year.
The average project from start to finish including the sale, depending on market conditions, is 3 to 4 months. This includes the 30-40 day waiting period for our buyer's mortgage.
We price the houses to sell! Not hold and admire.
We use aggressive real estate agencies to sell our projects. Commissions are already figured in our costs. We concentrate on finding, rehabbing and finishing the projects.
If you need to get out of a project because of unforseen circumstances, all we ask for is a thirty day notice so we can replace your funds and cash you out. No penalties, No costs.
SUMMARY:
We are planning our future for growth. We want to buy more houses!
We have our own funds and the funds from our lending institutions. We can and do purchase multiple deals per month. We are not looking for a lot of investors. Ideally we would prefer just a handful or even one or two well healed individuals that would be a serious investor that can see the benefit of a real estate secured, high return opportunity by investing in our real estate projects using our proven money management methods.
Our ideal investor would be someone who understands and feels comfortable investing in the properties we aquire at 30-40% below market value! And someone who has liquid cash and can fund a project quickly. But really anyone who understands that a 70% loan to value at 15% interest guaranteed by a first mortgage and note is a great investment, and is welcomed.
There are also deals that need to be done at the 11th hour. Just before foreclosure or before another slow moving buyer. These can be the really sweet deals! The owners doen't want a foreclosure on their already damaged credit. And the banks don't want the empty house! Talk about motivated sellers and lenders!
This is where: QUICK CASH IS REALLY KING!
For our larger investor that funds the whole project quickly, and since the holding period is usually short, the deal could offer a bonus point!
These deals are usually quick, easy, and very profitable! Some may take longer but have a Big Payout! You wouldn't believe what people and lending institutions will do when they need to sell a house. And the most lucrative deals are in the higher end deals. $200K and up. A huge upside potential in these deals! Usually they just need minor or cosmetic work and then we just flip'em quick!
As I said... we are not greedy. We like to share some extra money when we can to our investors. We have our main focus. But our networking base is growing and these deals do come along.
Reality: For some of the best, most lucrative deals out there, you just simply need cash. And the first guy who gets the cash to the seller gets the deal and the profits that go with it.
You just need to be in the game with enough networking contacts, marketing methods and capital to have the phones ringing off the hook! And we are in the game! Why not come join our team and be in the winners circle along with us.
Let your money earn you the kind of return only the real estate market can give you!
All Safely Secured in Properties Purchased 30-40% Below Market Value!
HOW IT WORKS - YOUR PROTECTION
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Before sending your funds to the (escrowee) attorney trust account, you will receive our Borrower Worksheet showing the purchase price, rehab cost and projected selling price.
Then after your approval, you would send the necessary funds to the (escrowee) attorney's trust account with instructions that your funds can only be released to us upon the following documents being produced with copies sent to you or your attorney which include:
Title Insurance showing clear title to the property.
Property Insurance Binder in at least the amount of the investor's loan.
A Note and 1st Mortgage that will be recorded by the closing attorney.
- Upon the sale of the property, it will work like any other closing of a property having a mortgage. The attorney pays off the mortgage (your money) at closing and gives us the balance. Your interest payments will be discussed prior to purchasing the project. You can get paid monthly, quarterly or at the end. We are flexible to those terms.
Please remember, we currently make money buying properties with our own money.
We will continue to make money buying properties with our money.
But with our investor's money, we can buy MORE properties faster.
And we will MAKE YOU MORE MONEY just by investing with us!
If you have any questions, please feel free to email me or call.
When you are serious about investing with us, and we approve you as an investor, I will provide our purchasing formula along with some past projects for your review. If you need to see our already in place "proof of funding", I will be happy to show you on one condition...
You show me yours and I'll show you mine!
I look foward to speaking with you in the future.
Thank you.
Glen Gallucci
(201) 836-7300
Or feel free to fill out our Investor Information form.
