Aspen Tree Homes, LLC, or its affiliates, builds or buys several properties each month. All of our home construction projects already have a qualified buyer before we begin
construction.

When we build or buy a house we include private lenders and bank loans instead of using our own funds. Since we get a very high return on our own cash, we can offer our private lenders a high yield when we use their money to fund our new projects.

Maximum loan to value is 85%. That means we will borrow up to $85,000 on a $100,000 property. The money we borrow is secured by a 1st note and deed of trust (mortgage). Our investor gets 9.00% interest on a house we purchase or 11% on a six month construction loan. Monthly payments include principal and interest, or interest only, depending on your desires.

Interest only payments keep 100% of your principal working for you. When we purchase an existing house the loans have a balloon payment due in 1 to 7 years. The term is decided by you. On new construction the loan is for six to twelve months depending on the time it takes to build the house and get the new loan (the “take out” loan in place.)

Sometimes we borrow offering a 2nd deed of trust. For example, if there is a first mortgage for $50,000, then we can offer our investor a second mortgage of (up to) $35,000. In the case of a second position, we pay 11 to 13 percent.

All private lenders get:

• A Promissory Note
• A Deed of Trust recorded against the property
• Added on to the hazard insurance as the mortgagee
• A copy of any appraisals or market analysis reports
• Lender’s title insurance
  

We pay all costs involved to close the transaction. There is no cost to you as the investor. Before you invest we first discuss how much of your capital you are looking to commit and for how long. We would then look for a project that will meet your criteria. Once we locate the right project I will call and give you all the details. Then you decide whether or not to participate. There's never any obligation until after you approve the loan.

We never co-mingle or pool funds together. We only offer one note and deed of trust to one investor. We never accept your funds directly. When you decide to proceed on a loan you’ll send your funds directly to the closing local title company (usually First American Title Company) when we’re ready to close.

All the houses used as collateral will be located near Bend, Oregon. We occasionally have transactions in the Oregon Counties of Klamath and Crook which are adjoining counties to Deshcutes, the county in which Bend is located.

If you have funds in a retirement account (IRA or 401K), you may be able use them to invest. The IRS requires the use of an approved custodian to qualify for tax-deferred or tax-free gains. I will be glad to discuss with you further how we do this.

To learn more, or to be added to our private investor list, please call or email. Your questions are always welcome.

Sincerely,

Don Loyd
Aspen Tree Homes, LLC
Bend, OR
541-317-3012
Email – Don@AspenTreeHomes.com