Using Aged Shelf Corporations with a Credit & Real Estate Funding Assistance Program

Here is an actual example of how the Aged Corporation plus Corporate Credit Builder Program works and how two of our many clients used their newly acquired company to purchase real estate. You will also see pictures of the actual project below.  (NOTE: This is real estate funding assistance and not a cash credit line.) Keep in mind this it not the only way that corporate credit can be used. This is only one example of many possible methods. Also, keep in mind that the step-by-step how-to guide and the wording of your written offers, and the details are covered in the training courses that are included with shelf corporations with existing credit lines program.

PLEASE NOTE: We have new programs instead of this one in which we create corporate credit profiles and assist you with building business credit so that you can open credit lines for your aged company. The lending environment has changed so we do not currently offer the program exactly as described here. The information below is a combination of personal knowledge and information from the participants in the project. 

1. Two of our clients in Queens, New York, a husband and wife named Dwayne & Janet Anderson, wanted to buy land, build two houses, and sell the houses for a profit.  After acquiring a company from us they attended the same training courses that we offer on how to use their corporate credit line.

2. They then made an offer on two lots for $125,000 a piece which was financed by corporate credit. The training course that goes along with your company with the credit assistance program will teach you how Dwayne & Janet’s were able to purchase the land fully financed by our corporate credit program hardly a dime out of their pockets.

3. The construction loan we helped Dwayne & Janet acquire put money in their pocket upon buying the land. So, money from the credit we helped them to obtain is disbursed to purchase the land and more is disbursed as the project develops. 

4. Dwayne & Janet do not have to make payments until the property sells. They do not have to pay interest on the whole mortgage. They just have to pay off the amount the lender actually funds. Because of our reputation, financial clout and experience, we have arrangements with lenders who, unlike banks, will fund the entire project with the without any money out of pocket. (Naturally, having a shelf corporation is not a stand-alone requirement for obtaining a loan. The value of the financed property and financial viability of the project play more important roles.) 

5. In this case, upon buying the land, the lender funds enough to pay the seller of the land plus a bit of extra money to go in Dwayne & Janet’s pockets. You will learn this technique in the training course, how the write the offer and where the find the deals. Again, Dwayne & Janet are not required to make payments on any mortgage until the property sells. 

6. The Abstract Law.Com Credit Program and the structure of the offer was able to fund enough to purchase the land plus about $25,000 per lot was able to go into Dwayne & Janet's pockets.  Since they purchased two properties at once, they were reportedly able to pocket about $50,000 up front. You will learn how they did it in the accompanying course. 

7. Once the permits were acquired, which our courses teach, we found Dwayne & Janet a builder. The lender disburses the first draw (payment) to the builder. Still, the project is fully financed by the corporate credit and no money has come out of Dwayne and Janet's pockets. Dwayne & Janet did not need to know how to build a house. They had no experience in building. They simply followed our training course and then hired the builder we found for them. In addition, full-time developers with decades of experience have also been able to benefit from utilizing our program. 

8. After the framing of the house is finished, the lender disburses more money to the builder from their construction line of credit. 

9. After the roof is installed and the siding has been completed, the final draw is paid by the pre-approved corporate credit line in order to complete the finish-work and painting. 

10. Now the property is complete. The market price came in at $385,000. 

11. The estimated cost for the project was as follows:
      a. $125,000 to buy the land - fully financed by the lender and seller financing.
      b. $25,000 extra loan disbursement that went into Dwayne & Janet's pockets up front when purchasing the land. 
      c. $99,000 in construction draws

      Total: $224,000 that is fully funded by loans. 

      Market price: $385,000

      Total projected profit before closing costs: $161,000 (which is $385,000 - $224,000).


12. Since Dwayne & Janet are building two houses, the gross projected profits based on this market price are $322,000 ($161,000 X 2). 

House Profit Example
This Illustration is an Actual Example How the Abstract Law.Com Credit Program Worked for Two of Our Many Clients 

13. 
The entire project was able to be purchased, built and sold using the company credit, reportedly, without a dime out of Dwayne & Janet’s pockets. The construction credit line covered all expenses.

14. The purpose of this page is to give you a specific real-life example from two of our clients. The live class or DVD that comes with your training will tell you the step-by-step details of what to do to maximize the profit of the off the shelf company with credit assistance offered in our package. 

To order an Aged Corporation or Shelf Corporation with Credit assistance training, also referred to as shelf corps with credit program or shelf corps with credit package or shelf corps with credit lines (lines that are subject to lender approval and not traditional cash credit lines) or information about aged corporations with established paydex scores, please call (347) 766-0LAW / 777-0529 and speak with one of our specialists who will gladly assist you. Please call Monday through Friday between the hours of 7:00 AM and 5:00 PM Pacific Time.

THIS ILLUSTRATION IS FOR EXAMPLE PURPOSES FROM AN ACTUAL CUSTOMER. YOUR RESULTS MAY VARY. IN THIS EXAMPLE BOTH PROPERTIES WERE REPORTEDLY SOLD TO ONE INVESTOR FOR A PROFIT AT A QUICK SALE PRICE LOWER THAN THEIR ORIGINAL LIST PRICE AND AT A DIFFERENT AMOUNT THAN PROJECTED PRICE ABOVE. FROM OUR UNDERSTANDING, A GREATER PROFIT AS ILLUSTRATED IS EXPECTED TO BE OR HAS BEEN REALIZED BY INVESTOR WHO PURCHASED PROPERTY.