Bennett Real Estate Investment Family LLC | Application Preview
Bennett Real Estate Investment Family LLC is seeking government grants to support their mission of enhancing the community through clean and affordable housing. The initial funds will be used to make a 30% down payment on multifamily properties, which they plan to renovate professionally. After increasing the value of these homes and the surrounding properties, they will refinance to recover their initial investment and use those funds to acquire more units.
The company employs a strategy known as the "rinse and repeat" method, which involves buying properties with a 30% down payment, renovating them to boost their value, and then leveraging that value for further investments. This approach not only aims to provide affordable housing but also to generate increased tax revenue that can support essential services like emergency responses and economic development.
The application underlines a commitment to community improvement and transparency, setting itself apart from notable competitors like Donald Trump, Grant Cardone, and Warren Buffet by focusing on quality of life and creating a financial legacy for future generations. The overarching goal is to enhance community welfare through sustainable real estate investments.
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General Information
Business Registration Number: 85-2813411
Location: Wright City, MO, United States
Length of Operation: 0
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
We will use seed funding to grow our community with clean, renovated, affordable housing. We will use initial funds to secure 30% down on multifamily homes, professionally renovate, refinance for full amount and reinvest initial 30% into further units. Providing tax growth within our community to fund emergency services, economic development and hopefully Grants just like this to help grow other businesses.
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Business Plan
Simply put, in the REI community, its called the rinse and repeat method. Purchase with 30% down for bank funded multifamily homes, professionally renovate, raise the value of the existing structure and surrounding properties as well as the community surrounding. We then refinance for the full amount, pull our initial 30% out and repeat. We are simply looking to improve community. Provide Affordable housing, while also growing community tax income. Further bettering the entire community as a whole with better tax funding of emergency services, economic development and public works.
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Self Identified Competition
Donald Trump Grant Cardone Warren Buffet We are and always will be about improving community and the quality of life for all involved with an honest transparency of trying to provide a financial legacy to hand down to our children.
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Contact Applicant
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