One of the most common problems of a real estate developer is being in debt. If a project does not perform as expected, the worst outcome is to liquidate the property to generate payment to lenders. And if you are a developer who is at the brink of bankruptcy or a financially distressed real estate owner, there can be few options.
This is when Freedom From Loans, Inc. (FFL) will offer its services. FFL was formed to help owners and developers that are financially burdened with its unique “True Equity Share Plans.” Its developer assistance programs include equity share offers to prospective clients for the purchase of completed real estate units.
Freedom From Loans will typically form an LLC for each property investment and pay down, pay off or assume the existing mortgage which permits the former sole owner or new investor to retain their equity value, With a complete payoff, the equity share plan permits the former sole owner or new property investor to be debt-free rather than potentially in trouble staying current on a large debt when unexpected issues arrive with respect to employment, business developments, unexpected medical burdens, and etc.
Freedom From Loans' True Equity Share Plan
Not only that FFL aims to provide assistance to real estate owners, but it also offers benefits to its investors who are willing to share in the FFL vision. FFL seeks to offer unique and disruptive alternatives to traditional real estate financing. It plans to invest in markets where an above-average rate of return is expected based on a combination of appreciation potential and cash flow from operations.
Using FFL’s unique, ”true equity share plans,” preferred shareholders will have a 6% annual return secured by three FFL revenue streams:
- Rental revenues
- Management fees
- Property appreciation gains
Freedom From Loans, Inc. offers the following benefits to shareholders:
- Preferred stock is offered to provide enhanced security on the initial Offerings.
- The preferred stock is convertible to common at a locked-in 1:1 share for share conversion to common stock. This permits future conversion of the common stock at a locked-in price the same as the $8.34/share purchase cost of the preferred stock.
- Ground floor investment in a company with huge potential starting at a minimum of $1000.80 for 120 shares at $8.34 per share.
FFL is offering preferred stock that is optionally redeemable and convertible to common stock. The company is offering preferred stock to provide enhanced security. The preferred stock is convertible to common at a locked-in 1:1 share for share ratio that permits future conversion of the common stock at a locked-in price the same as the $8.34/share purchase cost of the preferred stock. Although there is no guarantee that Freedom From Loans will have a subsequent public offering of common stock, it is a goal of the management to do so, and if the common stock rises above $8.34 per share, preferred stockholders will upon conversion share in all increases above its initial offer price.