Many of you know that I started off with $5,000,000 in investor partnership cash for those who attend my Vegas event on May 15th & 16th.
Now it's up to $7,000,000 and I just may get another million by the time I do the event next month.
But what does this mean exactly?
It means that those of you who enroll, pay for, and attend this Las Vegas Event will gain exclusive access to these funds for your deals.
Now, to be clear, these funds will act as down payment cash for your deals. So, for instance, if you find a cash flowing property that has a purchase price of $5,000,000 then the down payment requirement (in most cases) will be 20% or $1,000,000.
This is what this cash is for. It's for acquiring property with my investor partners.
Your "cut" on each deal that you submit (that is accepted and purchased for partnership) is 33%. This means 33% of the monthly cash flow and 33% of the gained equity.
Now, what is "gained" equity?
Gained equity is the equity that is gained after the acquisition of the property that does NOT include the equity from the down payment. Using the example above, if your property is $5,000,000 and the down payment is $1,000,000...after the close of escrow (provided that the property appraises at the purchase price), you'll have $1,000,000 in equity from the down payment. That doesn't count.
Gained equity is the equity that is built through appreciation AFTER acquisition. And that's the part you split.
So...say after the 36-month partnership term (which is typical in these deals; sometimes it goes to 5 years) the new appraised value is $7,000,000. This means the "gained" equity from the purchase price (of $5,000,000) and the new value that you sell the property for (at $7,000,000) is a difference of $2,000,000. This is the amount you split. So, it ends up being $330,000 for each million dollars in gained equity...or $660,000 in the above example.
Not too shabby considering that you'll have walked in without putting a penny into the deal.
And, of course, that doesn't include all the cash you made on a monthly basis from the deal before you cashed out at the end.
Right now, we have access to a total of $7,000,000 in cash (even though my website still says $5,000,000) for these partnership deals. This means we can leverage between $30,000,000 and $35,000,000 in deals depending on the down payment requirement. (Most MHP deals require a larger down payment; on the other hand, all of my investor partners have the connections with smaller banks to get up to an 85% LTV on most residential-commercial deals that are stabilized.)
But again, this opportunity is ONLY for those who attend this 2-day event. It's the first ever No-Cash-No-Credit 100% LTV Real Estate Cash Flow Boot Camp Seminar in Las Vegas, Nevada on May 15th & 16th.
The early-bird deal ends next week. And we may or may not have any more Platinum VIP slots left. (Call the office if you want to enroll as a Platinum VIP to see if there are any slots left. I don't believe there are any more but sometimes we'll have a student cancel unexpectedly.) Our office number is (661) 295-5050.
You can still get Gold VIP at the BOGO deal price!
Remember, seating is limited and it's going fast. If you want to participate in this amazing opportunity that made handful of students into millionaires the last couple of times I've offered this opportunity then DO NOT miss out on this event!
Here's the link: www.monicamain.com/vegas
See you at the top!