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Private Mortgage

Investments High Yield

Investments Secured by Real

Estate

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Private Mortgage

InvestmentsVincent Pitts

PresidentPitts Enterprises Inc.

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DisclaimerPlease carefully consider Pitts Enterprises Inc. investment

objectives, risks, and associated costs or expenses before investing.

Real estate investments are not guaranteed or insured and past

performance is not a guarantee of future performance. Please ask

questions and ask for more information before you consider any

investment.

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WELCOME We are glad you could attend this

presentation I really want you to understand what

we have to offer. I encourage questions I’ll stick around after the

presentation to answer individual questions or we can schedule a one-on-one meeting at a later date.

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Agenda Private Investor Program

1st Mortgage Program 2nd Mortgage Program

Company Overview History Dream team

Questions

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“More millionaires have created their

wealth through real estate than any other endeavor”

Andrew Carnegie

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How does your bank make money today?

They take in money on CD’s and other securities offering relatively low returns

Current CD rates are about 4.3% for 1 year and about 5.0% for 5 year

They then loan the money out at a higher rate of interest to other people to buy houses in the form of mortgages

Typical mortgage rates are 6.0% to 9.0% depending on the borrowers credit history

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Private Investor ProgramOverview

We buy & sell Single Family Residential Properties And Multi Unit Buildings.

To typically buy houses, we prefer to borrow money from private individuals versus banks

We pay private investors 9% for 1st mortgage money or 12% for 2nd mortgage money

We typically use your money for 5 years but we can offer shorter terms in some cases

It is really a very simple plan

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Private Investor ProgramHow it works

We locate a property we want to buy We negotiate a price that is typically

30% to 48% below market At closing we borrow from you the

private investor to purchase the property

We have a formal closing and you get a mortgage and insurance on the home as security

We make payments to you on the scheduled dates

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Private Investor ProgramGuidelines - 1st Mortgage

Program1st Mortgage Program

1. $25,000 minimum2. Up to 75% LTV 3. 9% Interest4. Numerous payment options

(monthly, quarterly, etc.)5. One Point (1%) upfront fee to you

the investor6. 5 years (we allow early withdrawal

without any penalties)

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Private Investor ProgramPayments Options

You get 9% simple interest on your invested capital (12% if you choose the 2nd Mortgage Program)

We can pay you any of the following ways: Monthly (9.0% APR) Quarterly (9.1% APR) Semi-annually (9.2% APR) Annual (9.4% APR) No Payment Accrual Program (11.3%

APR)

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$100,000 Investment ExampleOne Year

Yield 12 Month Return

3.7% $3,700 9.0% $9,000

This is a 240% increase in return to you the Private

Investor

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$100,000 Investment ExampleFive Year

Yield 60 Month Return

3.7% (monthly) $18,500 9.0% (accruals for 5 years) $56,568

This is a 310% increase in return to you the Private Investor

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Our Target Property Average Purchase Price $15,000 -

$50,000 Chicgoland Cook County Repair Cost $8,000 – $25,000 Typically 3 to 5 bedrooms and 1.5 baths Time to renovate less that 90 days House will sell between $30,000.00

and $150,000.00 Typical Loan is $40,000 or $750 per

month Our profit is the spread between the

rent and your interestRent payment pays the 9% interest.

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Questions ???

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What if the Tenant doesn’t Pay?

We pay you out of our pocket. I will never default on a loan.

We will collect from our tenants though careful negotiations or the courts, if needed.

For our tenant/buyers we require a 3% to 10% non-refundable deposit upfront which dramatically reduces non-payment issues.

For monthly rentals we require at least two months security to protect both you and us.

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Three Documents Securing

Your Investment Promissory Note signed at

time of investment by Pitts Enterprises Inc.

Recorded first or second mortgage

Certificate of insurance naming you as additional insured

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Your BIGGEST ConcernProtection of Principle

1st Mortgage Program – we never borrow more 75% Loan-to-Value

We typically buy 30% to 48% below market

We then build in equity by rehabbing the property ($25,000 to $35,000)

We find quality buyers who give us a $5,000.00 up front deposits

We guarantee your payments

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Got IRA Money??? We can do IRA & Roth investments

Our Third Party Administrator is

Equity Trust Company

Located in Elyria, Ohio

Allow self directed investments in real estate from both an IRA or ROTH account

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People Who Sell us Houses

Foreclosures (40%) Banks HUD VA Freddie Fannie

Private Individuals (35%) – Increasing Quickly

Realtors (25%)

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People Who Rent then Buy our Houses

We have Tenant/Buyers Many will become first-time home

buyers They work with our mortgage brokers

to eventually purchase our homes in 12 o 24 months

Our goal is to get people off of the rent rolls and into a home of their own

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SEC Registration Issues These secured mortgage notes are exempt transactions pursuant to Section 203 (d) of the Pennsylvania code

No registration is require as long as we stay below 25 investors and only deal with Pennsylvania residents

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Pitts Enterprises Inc. We are a C-Corporation We or many members: We hold properties both short and

long term 10 years of experience Manage Rentals Currently own Six properties

with about $100K in asset value

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Pitts Enterprises Inc.Who Is Vincent Pitts?

58 Years Old. One Adult Son. 30 Years as Management Consultant

Pitts Enterprises Inc . 25 Years Real Estate Investor. 20 Mortgage Consultant Blake

Consultants. 10 Years Project Manager . 20 Years general Contractor.

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Company Story We started in 1985 with the purchase

of a mixed use building in Chicago Il,. Since that first purchase, we have become a serious real estate investment firm located in the Chicagoland/Cook County region

We have grown to hold over 6 properties worth over $100 ,000.00 thousand dollars.

Our goal is to grow this company to buy and sell 100 properties by providing affordable housing to buyers and provide 1st time homeowners a mortgage they can afford.

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Company Story, continued

The company is a private for-profit Real Estate Investing Company

We acquire, rehab, and lease or sell residential and, at times, commercial real estate

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Competitive Advantage Our competitive advantage is speed to

purchase a property and knowledge of creative real estate techniques

That speed comes from knowing we have private funds and the ability to pay cash and close quickly

We are very focused in a small geographic area and know the values in our market much better than the sellers and, in most, cases than our competition

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How to find us

Mailing Address: 18221 Torrence Ave Suite 2-C Lansing Illinois 60438

Web Site: www.blakepittshousingsolution.com

www.pittsenterprise.wordpress.com

E-Mail: e.pitts@comcast.net

Cell Phone: 1-708-557-9667

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The Next Step? By now you know how this

program works and how you can earn 9% or 12% starting today

Sign up today for a private meeting

We just want a chance to answer any questions you might have