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LanceStrong

posts: 3

Jul 12, 2009 6:32 PM ET    Quote  Report Abuse
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Hello Everyone

          My name is Lance B. Sexton and I have revolutionary real estate company that is in works, but I’m stuck at a standstill when it comes to funding. My real estate company is very unique and our main objectives are to help the community and the economy, by getting monies back into communities pocket and also providing affordable housing

          This dream of mines with your help, we will provide opportunities to many and relieve a lot of finance stress. My company is ready. I have been preparing and working on this company for about a year now and I am fully dedicated financially free. But I have been stuck with the having 40 thousand properties on my table to research but I am unable to cause of the funding to do the proper due diligence on these properties

Like I stated, my company is ready to go. I am two low risk, low competition and unknown fields of real estate (Pre Tax Foreclosure and escheat overage funds) and I believe in myself and what I can accomplish. I am fully motivated and confident and I thank you for your help in any way. This is my dream so I may help myself, help others and accomplish more goals to help economy as much as I can. I just need to get over this first step , So I’m asking for donations or investor to reach my 10 thousand dollar goal and Yes I can guarantee I will pay and reward everyone back in a short period of time (In a few weeks shortly).

Here is my Executive Summary

http://www.docstoc.com/docs/8395163/Lance-Sextons-Executive-Summary&key=MTZlZTc5ODgt&pass=OGE2My00OTVj

 

Here is my donation sites I have established

http://www.firstgiving.com/lancesexton

MattTurpin

posts: 249

Jul 16, 2009 1:12 AM ET    Quote  Report Abuse
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10,000? Is that all you need? It`s a lot, of course, but in the grand scheme of business startups, it`s not much at all. Have you talked to a bank? They might ask that you save 2,000 yourself, maybe 2,500. I imagine you`re a homeowner considering the nature of your business. Get in touch with the Small Business Administration. They have a special loan program for loans less than 100,000, and if I`m not mistaken, they have a special program for something called "microloans", but I have to admit I don`t know what micro is considered. If a microloan is 2-5,000, that`s still cutting your donations required in half. It`s gotta be easier, and faster too, than begging.

EDIT: If you`re a homeowner, can you refinance your house? Take a 2nd mortgage? Some people do that to pay for college. I`m certain you could get a good chunk of that 10,000 that way.
MattTurpin7/16/2009 1:07 AM


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Making limitless possibilities much more limited.
robertj

posts: 1458

Jul 16, 2009 11:12 AM ET    Quote  Report Abuse
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Lance,

A few comments:

1. While you may be able to get started with the capital you are seeking, I suspect the business will require substantially more when it begins acquiring properties to resell.

2. I`d look to shorten the executive summary from 6 to 3 pages. I`d also suggest an edit for grammar and proper word usage.

3. Asking for donations and investments in the same "breath" sends a confusing message to the reader. I`d pick one acquisition method.

4. If you decide to seek investment capital, you should know the rules and regulations (State and Federal) which cover this type of activity.

robertj2009-7-16 11:14:41


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Business Growth Masters, LLC -
Capital Catalysts for Entrepreneurs
Home of the Scalable Business Plan and QuikStart Capital Programs
http://www.bizgrowthmasters.com
info@bizgrowthmasters.com


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