Trinola LLC | Application Preview
Trinola LLC is seeking government grants to fund the purchase and renovation of a residential property. The plan is to finance the property and leverage its value for future profit. The applicant intends to acquire multiple rental properties to enable their spouse to leave her job and join the business full-time. The goal is to expand the rental portfolio and eventually transition into house flipping, with an aim to acquire an apartment complex within five years.
The applicant emphasizes their financial acumen, drawing on past success in flipping their previous homes. They have assembled a reliable team, including a General Contractor, Property Manager, and Wholesaler, to support their real estate endeavors. The competitive landscape is described as having no significant rivals, with the applicant citing a strong support network as a key advantage. The overall strategy is rooted in positivity and determination to navigate future challenges.
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General Information
Business Registration Number: 86-2377399
Location: Lilburn, GA, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: NO
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Funding Usage
I will be able to buy home a house and repair it with this amount, then finance it and then get the money back plus equity from the house to start building my profit.
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Business Plan
I will work with my team to buy more and more rentals. In the first year, I will buy enough rentals so my wife can stop working her current job. Then she can concentrate on our business full-time, then when I get enough rentals the following year, I will quit my full-time job, so we can both work on our rentals and start flipping homes after. In year 5 I expect to have an apartment complex. I am very good with money, and I've already flipped my previous two houses for my primary residence now. I understand how to work in the real estate industry. I have a General Contractor, a Property Manager, and a Wholesaler that I have lined up to partner with for this successful journey.
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Self Identified Competition
There are no competitors in this industry. The only competitors there could be is me, and the people I work with. That's why I have good people around me to start. No competitors for me... I just have to stay positive and don't fear the road ahead.
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Contact Applicant
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