Jeff Cranford

Castro valley, CA (USA)
Role(s):
Other

Reside Equity Properties

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Location: Dublin
Industry: Real Estate
Year Founded: 2017
Number Employees: 1-10 people
Business Stage: Growth (profitable)
Entity Type: Limited Liability Company
Description: Reside Equity Properties, LLC was founded with two core values in mind; revitalize San Francisco Bay Area neighborhoods, house by house, focusing on properties within two miles of the BART line (Bay Area Rapid Transit); and donate a percentage of our gap funding at the close of each project to local nonprofit organizations for Veterans and their families. My co-founder and I believe that the best way to achieve these goals is to find people who share our passion for similar values and causes. In addition, the way to do that is to reach out to you through crowdfunding. Our business plan is to have 15 residential deals done during our first year, 30 during our second year, and to continue growing from there. We have a primary lender for 80% of the purchase price of each of our properties. However, we need a loan for the remaining 20%. We know that our projects are fundable through traditional financing avenues such as gap funding and that those types of loans traditionally earn 10% interest. Alternatively, we want to donate that 10% interest to our local Veterans nonprofit organizations. Crowdfunding will allow us to do that. We sincerely hope that by applying our core values, and with your help, we will be able to provide significant support to these fundamental Bay Area causes; improved housing in our communities, increased public transportation ridership, and much needed patronage to our U.S. Veterans. With your generous support, we can make this happen! Please spread the word! Below are two private lender options we offer that help the people that make my philanthropic aspiration happen sooner We are offering personal lending programs currently that have a 10% return on projects that are estimated at a 4 month hold time. All personal lending is insured and very secured due to my company buying decent properties and developments and not completely run down homes. E-mail me if u have questions or have anyone that might want more info. Our business goal is 25 single family homes and 7 larger developments with longer hold time projects in 2017 so we are offering 11% on those if there are large lending offered. There is a plethora of opportunities to make a 10% return on your money this year with Reside Equity Properties Sincerely, Jeff Cranford Co-Founder & CEO Reside Equity Properties (URL removed) (Phone # removed)