Total Short1

THE “NO WORK” (Lazy Method) JOINT VENTURE “AVERAGE” CREDIT IS ACCEPTABLE PERFECT CREDIT IS NOT NEEDED!! 1 of 14  We will buy a house. Fix it up Sell it Split the profits 50/50. That’s it. Simple! 3 of 14  YOUR DECISION NOTES: YOUR THREE 50/50 FUNDING OPTIONS WITH ABSOLUTELY NO WORK TYPE YOUR CASH INVESTED SPLIT TERMS SHERMAN'S YOUR PROFIT ON CASH INVESTED DEAL DEAL BENEFITS YIELD (Don't be yield foolish) SHERMAN'S PERSPECTIVE 1-ALL CASH $80,000 50/50 1. You Invest $80,000 2. I Invest $0 3. Borrow $0 ---------4. I do 100% of the work 5. You do 0% of the work. $0 $20,000 No loan on the house means we can sell, rent, lease or trade. 27% I can do more deals with you, quicker, than the other 2 investors, since there is no loan on the house. This is the classic definition of 50/50. My favorite. 2-CASH&LOAN $20,000 50/50 1. You Invest $20,000 2. I Invest $0 3. Borrow $60,000 ---------4. I do 100% of the work 5. You do 0% of the work. $0 $20,000 With hard money costs, the only exit strategy is to sale, as a rental will not cashflow in DC. 86% I can not rent the house with the high cost of a hard money loan, or the time consuming nature of getting a bank loan. But since I don't put money up, you are a top candidate. 3-SHARE CASH $10,000 50/50 $10,000 $20,000 Same as #2, plus I 139% have skin in the game. 1. You Invest $10,000 2. I Invest $10,000 Normally 3. Borrow $60,000 pays 20% ---------of profit 4. I do 100% of the work or 16% 5. You do 0% of the work. on your money, and you invest 80%. Same as #2, But since I must put money up, that takes away from my STREET MONEY (adv,deposits, options,etc). But more people may fit into this category And the following schematics are only based on this option.  COVER Let's Joint Venture 5569 Central Ave SE Washington DC 20019 50% Of The Profit Secured by Real Estate As low as $9,550 to get involved No Management, No Project Coordination, No Work Referral fees paid to anyone Presented By Real Estate Services Sherman Pittman 1-800-509-5753 Sherman@CashForDCHouses.com Suite 1083 900 Brentwood Rd NE Washington DC 20066 www.MyDCDeals.com  Prospective Partner Investment Investor at the Equity Trust Seminar in Alex VA Let's Joint Venture 50.00% Equity Interest 0.00% Preferred Return $ 9,550 Investment 5569 Central Ave SE Washington DC 20019 Partner Profit Share Month 1 Before-Tax Projected Cash from Sale $ 38,824 Month 2 $ 38,057 Sherman Pittman 1-800-509-5753 Month 3 $ Month 4 37,291 $ 36,524 Month 5 $ 35,758 Month 6 $ 34,991 Return of Capital 20,900 20,900 20,900 20,900 20,900 20,900 Before-Tax Profit (Loss) 59,724 58,957 58,191 57,424 56,658 55,891 $ Net Distributable Cash/Profit Managing Partner's Profit Share 59,724 $ 58,957 (29,862) $ (29,479) Investor at the Equity Trust Seminar in Alex$VA's29,862 Share of$Profits 29,479 58,191 $ (29,095) $ 29,095 57,424 $ (28,712) $ 28,712 56,658 $ (28,329) $ 28,329 55,891 (27,946) $ 27,946 Summary of Cash to Investor at the Equity Trust Seminar in Alex VA Investor at the Equity Trust Seminar in Alex VA's Share29,862 of Profits 29,479 29,095 28,712 28,329 27,946 Investor at the Equity Trust Seminar in Alex VA's Return9,550 of Capital 9,550 9,550 9,550 9,550 9,550 $ 39,412 $ Total Cash to Investor at the Equity Trust Seminar in Alex VA 39,029 Investor at the Equity Trust Seminar in Alex VA's312.7% Cash on Cash308.7% Return $ 38,645 304.7% $ 38,262 $ 300.6% $27,946 Potential Profit Investment $9,550 Investment Period is © 1993- 2010 Cash Flow Analyzer® RentalSoftware.com Six Months 37,879 296.6% $ 37,496 292.6%  50/50 OPPORTUNITY AVAILABLE JOINT VENTURE REHABS 1. I find the deal (or you can find the deal). Sherman Doing 100% Of The Work 2. Borrow 60% of the total money needed from a hard money lender. 3. I bring 20% of the money (normally 8k to 30K) 4. You bring 20% of the money (normally 8k to 30K) 5. I do 50% of the work and you do 50% of the work. 6. I do 100% of the work (hire crews, realtors, etc.) Sherman’s Money On Top 7. You do 0% of the work. 8. You secure your position by being on title which is the strongest position. - your choice of LLC, trust, or your personal name - Most investors will not let you be on title, as it really is the strongest position to be in. Your Money On The Bottom 9. We split the profits 50/50 7 of 14  APPLICATION TIME I’m only seeking serious people who are ready to go today. These are the people who know a good deal and are ready to move. Apply today by: 1. Emailing the answers to the 4 application questions and attach proof of funds documents, or print, complete, sign, and email or fax it to me. (2 mins) 2. After receipt, I will call you. (20 mins) 3. Then, if you or I desire, we can schedule a face to face meeting. (60 mins) LIMITED TIME OFFER FOR OPTION #3 I’m only offering this 50/50 Joint Venture #3 for a short time. After then, I will then be paying 6% to 15% for 1 to 30 years. So act now, and send your proof of funds today. Let’s make some money, this month. Call or email if you have any questions. 11 of 14  JOINT VENTURE PARTNER APPLICATION For Acquiring and Selling Real Property I wish to apply to become a JOINT VENTURE PARTNER. 1. I have the following amount to invest: $_______ ($1k-$200k min) 2. I owe judgments/collections/taxes of $_______($3k max) 3. My FICO credit score is ____________ Unknown _________ 4. Briefly, describe your experience in real estate investing: (Rehabbed 4 houses in DC, Own 3 rentals, Lent $50k on 2nd trusts in Florida, Bought 3 notes for $20k, Stock Market trader, Not done a deal yet, Rebounding , etc.) __________________________________________________________ __________________________________________________________ __________________________________________________________ Attached documents verifying proof of funds, will put you in the group that sees the deals first. Feel free to black out account numbers, social security numbers, addresses, etc. If you owe more than $3k in judgments, credit report and FICO may be needed. Email responses to the 4 questions are fine. __________________________________________________________________ Signature Date: 12 of 14  Please call if you have any questions. To our success together ! ! ! Sincerely, Sherman Pittman Sherman Pittman REAL ESTATE SERVICES 900 Brentwood Rd NE #1083 Washington DC 20066 I Buy DC Houses I Buy Notes Nationwide I Pay $500 to $1,500 in referral fees 1-800-509-5753 - Office 1-800-519-9303 - Fax Email Sherman@CashForDCHouses.com Website www.MyDCDeals.com P.S. If you have (1) other ideas, (2) will take less than a 50% split (3) invest more than 50% of the cash, (4) take less than a 50% split AND invest more than 50% of the cash, or(5) you have something else to offer, please present those specific concepts with your proof of funds. P.S.S. If you prefer to invest no cash, a flat fee of $4,000 can be paid. Please email or call me for details. That’s a separate program. 13 of 14  Everyone in that Equity Trust IRA Seminar was on the move. I respect your time, so send me your proof of funds, and wait for the deals to hit your inbox. There is no reason to read the rest of this pdf, unless you’re still not convinced to send me your proof of funds. If not, then read on. 14 of 14  SHERMAN PITTMAN’S 50/50 JOINT VENTURE CREDIBILITY KIT TABLE OF CONTENTS “I’m Puttin’ My Business In The Streets To Gain Your Trust & Proof Of Funds” Sherman Pittman 10-May-2012 A. REAL ESTATE EXPERIENCES 1. Actual Deals - My First Deal (Feb 1992; 20 years ago) - Sample Of Completed Deals - Missed Deals 2. Real Estate Education 2008 to 2012 MY COMPLETED DEALS Note deal, Wholesale deals, Keepers deals, No payments for a year deal, etc. MY MISSED DEALS This is where your Proof Of Funds come in.  B. CHARACTER 3. Sample Testimonials Over The Years - Satisfied Sellers (2009) - Private Lenders Paid In Full for 10% UNSECURED loan (2011) - Capitol Title Referral (1994; over 18 years ago) 4. Character Facts about Sherman Pittman - Age - 46 - Marital Status - Single - Criminal Convictions - None - Credit Scores - 701 & 658 - Sexually Transmitted Diseases Report (STD) - 1991 Washington DC Monopoly Champion  I have skin in the game C. SHERMAN’S FINANCIAL CAPACITY 5. Proof of funds To Do Deals Today: $31,500 - TD Ameritrade (IRA) -$23,965.74 - Equity Trust Account (IRA) - $300 - Capital One Credit Card #1 - $3,500 - Capital One Credit Card #2 - $500 - Cash On Hand - $2,000 This shows I have my salary earning capacity, outside of real estate, to produce income to pay my share of the Joint Venture Expenses, if needed 6. Proof Of Salary Earning Potential TODAY - Secular Resume - 25 Years in Construction Union - Microsoft Excel 2007 Expert - AutoCAD 2012 proficient - Pay Stubs ($43 an hr in Feb 2012; Potential $60k-85k yearly) - Pay Stubs ($1,500 for AutoCAD freelance job in Mar 2012)  7. Finance Facts about Sherman Pittman - Foreclosures - None - Bankruptcies Filed - None - FICO Credit Score - 701 & 658 - Comprehensive Background Check (pulled 15-Apr-2012) Name Age Residence Estimated Income Demographics & Photographs of my neighborhood Marriage Records Divorce Records Birth Records Death Records Criminal Record Sex Offender Search Local Sex Offenders in my Neighborhood - Equity in My Primary Residence - My Home Address  D. EMAIL YOUR PROOF OF FUNDS 8. SEND PROOF OF FUNDS TODAY My Proof Of Funds List of Investors gets the best deals BEFORE the entire list. It only takes 2 minutes to send me your proof of funds. E. SHERMAN’S ABILITY & KNOWLEDGE TO FIX HOUSES 9. Repair Estimates (proprietary softwares) 10. List Of Contractors By Trade Sample 11. 25 years Experience In Construction 12. My Current Work Tools Photos (20) 13. My Current Work Vehicle Photos (10) 14. My Personal Renovation Photos Though I’m hiring skilled contractors to do the work, if I need to roll up my sleeves to get the job done, I can and I will. I have been in construction for 25+ years.  E. SHERMAN’S 50/50 JOINT VENTURE DOCUMENTS 15. 50/50 Sample Deal Schematic ($9,550 investment) 16. Sample LLC Agreement 17. Sample DC Joint Venture Agreement F. ACTION TIME – LAST REQUEST 18. SEND PROOF OF FUNDS - LAST CALL My Proof Of Funds List of Investors gets the best deals BEFORE the entire list. It only takes 2 minutes to send me your proof of funds. The red items will be provided when I receive your proof of funds, if you request them.  Your Proof Of Funds Is The Magic Carpet To Ride Great Deals Into Your Inbox SEND YOUR PROOF OF FUNDS TODAY, WHILE IT IS FRESH ON YOUR MIND.  Testimonal From Satisfied Customer  Part Of My $30,000 That I Have To Close Deals Right Now!  Part Of My $30,000 That I Have To Close Deals Right Now!  25 Years Of Real Estate Construction Experience Will Serve Our Joint Venture Well  Detailed Estimated is Created With Proprietary Software  Database Of Contractors For Easy Reference To Obtain A Competetive Bid