jmsscarface

Hey John

congrats on such quick success way to go and thanks for the words of inspiration begginners like my self need those words of encouragement. I am curious on just what you did if you wouldnt mind sharing your steps and strategies that you used I would love to learn from you here in florida. Thanks

Booker

I will take any advice, I live paycheck to paycheck also with a very HIGH debt ratio, I not only want to make this work I NEED to, there are so many things out there I want for my kids. None of my deals seem to be coming together, I can't find an angel invester and I can't qualify for a loan because I am upside down. Right now I am trying to do some bird dogging but I need a contract for that. I contacted someone from DG but havent heard back yet, I really really want to Flip houses, do you have any advice that I can utilize that will help me get my first deal.

i am interested in the properties depending how far away in pa im from staten island ny looking for positive cash flow properties i have numerous ones in trenton nj right near pa call me @ 347 234 2578

best way to get me

Hi I'm very interested in your houses that are 50-70% off. can you send me more info to starsunlimited2live.com Thank you S*

WEll I have a few multi units I am working on getting with about 35 to 50 percent equity built into them and they are fully rented cash flow properties. I live in New Castle, PA but that does not mean you can not buy in western PA. I have my own real estate investing company and you could loan us the money to buy properties and you can just sit back and let us do the work for your and you make the profit for no work. Let me show you the three options we use with our investors an maybe one would work for your.

Explanation of All Three Options Used for Investing with JNS Investments LLC

Just off the desk of the President:
John Sallmen III
3-28-2010

Here are the options our company does for investors. We like to give three options so we can get the right fit for our investor and for the success of our company!

Option 1:

Here is how this option will work. My company gets the deals under contract and then with in the 45 days, you are allowed to have the property under contract and assign it to an investor or a retail buyer. We would get these killer deals under contract and then assign the contract we have on the property to you for a fee. The fee depends on the house and how much it costs and how much equity is built into the property.

We would assign the contract and then you step into the buyer spot and we step out and you go to closing and close on the property, but then you have to pay the agent fee when we assign it to you. Our agents will put the purchase agreement together and get the house under contract, then you go to the closing table and our agent and the listing agent gets paid when you close. Our agent is great and she gives us great deals and pocket listings, so she deserves to make a profit for giving us such good deals. We have a title company we use and they will do all the paper work and send it via email to you to sign. Then you transfer funds to the title company at closing and you do not even have to go anywhere to close on the property. My agent will give you the keys after closing and we move on to the next house. And we find other deals for you or for our other investors.

This option gives you the choice to buy or sell when you want to, but it will make you less money in the long run.

Options 2:

This is the option that makes the most sense for everyone involved. This option my company JNS Investments LLC makes all the calls on real estate properties, and the investor sits back and collects all the money and with little or no work. You would make your money make two or three times over in one year. This is a great option for someone who is very busy and just wants to make money on their money without doing any leg work. My company does everything and you make a killer profit just for loaning money to my company for a year.

This would work like this, you and my company would sign the contract saying that you are loaning JNS Investments LLC a set amount of money for a set amount of time. After that time frame is up, you get your original amount you loaned us back paid in full. There is no interest added to the loan, unless other wise discussed with me, because you will make more money by getting a percent of the profit on each home we buy with your money. My network does any and all work that needs done, using the funds loaned to us, from the investor, to buy the house and the material to fix up the houses. My contractor does all the work for little or no labor cost, because he gets a cut of the profit when we sell any home he worked on for free or a very low price. He makes money in the long run as well, and he is trust worthy and honest and does a really good job.

We have to sign the contract my company developed, so we are all on the same page on who gets paid what. And then how this would work would be, you and myself go to a bank and open up a bank account in JNS Investments LLC name and put both of us on the account for security purpose for you and for us. Then you transfer the funds we agree on into that account, and then we get a proof of funds letter from the bank saying my company has the cash to buy properties as soon as possible. This way we get all the pocket listings and the wholesale prices first, and they know we can close in two weeks with the cash available.

My company closes on the house and you watch all the funds that are going and coming in and out of the account. You have the opportunity to watch, on-line, the money as well as I do, so this makes you feel a little safer with your investment. You can go online and check the account daily if you wanted to see what we are spending the money on and get copies of any checks written out of that account. You will be able to monitor how much we use and how much expenses we spend. Then when we sell the houses you would get 25 percent of the profit, after all expenses are paid, and we get 75 percent. We put the money back into the account and take the profit out of the account using one of our checks.

That means you can see the money we spend come back into the same account and see the profits going out. I would give you copies of all receipts of anything we spend the money on, plus you can look on line for any and all transactions that happen. That money stays in that account for a year and then after a year when our contract is up, you just transfer the funds back into your account and we close that account, unless we sign an extension on the contract, or sign a new contract. This gives you a way out if you are unhappy with what we accomplished in a year’s span, which we believe you will not feel that way about it. It also gives us the option to work together even more, if you liked what you received out of the deal.

And in this deal you can invest some money into my company and still do deals for yourself with the other amount of money you have and you do not have all your money tied up in one place and gives you more options on bringing in money from your investment. So you make money off the investment for doing no work and the other funds you make money on the interest if we add interest to the loan. Then after a year if we are successful, which I think we will be, the loan amount can go up and we can buy high end houses and make even more of a profit. We have to start small to make sure we find the great deals now and then when the market turns around we adjust our plan and go for high end homes with more money invested but a bigger pay off in the end.

Option 3:

We form a new LLC with a new name and with all four of us on the membership papers. This would be I, you, my partner Sean, and my contractor Dave. We all go in together and do everything as one group and all slit the profits four ways and we all have control to sign for the company and get houses under contract.

All of us would have access to the account and all of us collect the profits from every deal we do, and that means the LLC would be a long term investment and would hold all of accountable for the success or loss of the company. This option I think would be something to consider, once we tried option 2 for a year and see how that works. I already have the My LLC and we can do deals through mine and not have to go through all the paper work of signing up for a new one and all that stuff. Using my LLC we can get properties as soon as 2 weeks if we get the right ones.

We would do most of the same thing in option 2 but everyone would have an equal say and equal payoff, but everyone would have access to the funds and putting the houses under contract for the company. We would discuss at monthly meetings what we are doing, but everyone would be working hard for the business, and you would not just get to sit and collect a pay check for doing nothing. Why do more work for less pay, why not to less work for the same pay and still have other options open.

Here are the options given to each and every investor who works with us and we like to be open and honest with our Investors and we like to keep everyone on the same page, so we can all step up in this market that has endless surprises and opportunities. I look forward to working with you and happy house hunting!!!! God Bless!

Sincerely,

John Sallmen III
President
JNS Investments LLC
jmsrealestate@**** or cell 724-651-7866

I'm in
Congrats on all your success.
Would like to work with you.

Cheers