Company Financing Summary Start-up, Business Plan Ownership Registered Name

2.1 Registered Name

LLC, a limited liability company organized under the laws of the state of Florida, filed on January 27, 2014 authorized by section 15.16, Florida Statutes

2.2 Company Ownership

Its founder is a well-known artist and entrepreneur who was specializing in Toronto, Canada real-estate market investing for the last 7 years and US real-estate market since 2012. The initial capital comes from Company's Founder funds. All other financing will come from private investors and/or bank loans. In addition, Company's Founder provides one of his own properties, 6640 Beach Resort Dr #12 Naples FL 34114 as the company office.

2.3 Start-up Financing Summary

Start-up expenses and funding required are shown in the table below. This includes expenses and the rest in cash needed to support operations until the first home sale generates profit. Most of the company's liabilities will come from Company's Founder finances and outside private investors; however, we have obtained construction borrowing agreement from Stonegate Bank and First National Bank of the Gulf Coast

2.6 Start-up Funding Breakdown

Below is a breakdown how funds will be allocated for the first and second scenarios. The 1st scenario will be financed by Mr Grie in full. The 2nd scenario will be financed 50% by Mr Grie and 50% by the private investor and/or banks.

. Company's Owner funds: $300,000 (funds accumulated from Toronto's real estate sales, see sale contracts)
. Mr. Michael N., private investor: $100,000 (see letter of investment intent). The 7% interest would be paid during the period of home construction and sale.
. Stonegate Bank, Ft Myers: $185,000. The 5.5% interest would be paid during the period of home construction and 4.75% interest would be paid during the period of sale. (see fees worksheet)
. First National Bank of the Gulf Coast, Naples: $150,000. The 5.5% interest would be paid during the period of home construction and 4.75% interest would be paid during the period of sale. (see bank correspondence)

2.4 Start-up Funding Requirements, Scenario 1

Start-up operational costs for 1 house
Office equipment & supply $2,000
Company vehicle $15,000
Web domain www.realestateinvest.us $514.49
Accounting and bookkeeping $2,000
Office lease (not required at the start-up)
Insurance $5,000
Lot/Land purchase 10,000 (sq. ft) .25 (acres) $50,000
Construction permit, water, electric, sewer, and legal fees $35,000
Home construction and decoration contract (total cost ) $180,000
Miscellaneous and unforeseen costs $10,000
Total Cost $299,514

2.5 Start-up Funding Requirements, Scenario 2

Start-up operational costs for 2 houses
Office equipment & supply $2,000
Accounting and bookkeeping $3,000
Company vehicle $15,000
Insurance $10,000
Lot/Land purchase .25 (acres) each $100,000
Construction permit, water, electric, sewer, and legal fees $70,000
Home construction and decoration contract (total cost ) $360,000
Miscellaneous and unforeseen costs $10,000
Total Cost $570,000