Crystal Mountain Real Estate Investing LLC was started by Jon Ledin and is registered with the State of Missouri as an LLC plus there is an EIN with the IRS.
Jon has started 4 companies, one of which is still in use today. This company made $49,000 in its first year 2021. Then in 2022, it made $50,000. The weekly income is $1,100 on average.
Jon has been a real estate investor since the early 90's, where he learned that residential properties could be sold through auctions, tax sales and short sales.
Today, Jon is seeking funding of $500K to get started. Jon will purchase residential properties at auctions, tax sales and short sales. He will obtain clear title, deed and insurance before he resells those properties as rent to own. This will create passive income for the company. The homebuyer will be required to make a down payment of $15,000.00 plus their monthly rental payments on properties listed for $100,000.00 or less. For properties over $100,0000, a $20,000.00 and higher downpayment will be required.
There will be NO landlords, NO loans, NO credit checks. The homeowner will be required the make the downpayment and submit their monthly budget or financial sheets before they can make a purchase. The homeowner will be responsible for all repairs and damages. This includes paying property taxes and homeowners' insurance. They will also be required to keep their property clean, mowed and well maintained.
Jon is a Retired Master Sergeant with 20 years in the Army. For 12 years, Jon instructed hundreds of soldiers in leadership courses. In 1992, Jon was awarded Outstanding Instructor. Jon was promoted above his peers to Chief Instructor in 7 years; it usually takes 9 years to obtain Chief Instructor. Chief Instructor is the highest honor for an instructor to receive.
In addition, Jon holds a B.A. Degree in Physical Education from Bethany College in Lindsborg, KS -1979; and an Associate's Degree in Telecommunications and Micro Computers from Electronics Institue -1997 (which disbanded sometime after 1998).
Once the property is purchased, it will create instant equity of 75% or more since Jon will be purchasing those properties at deep discounts at auctions or short sales.
The property itself will be the security for the purchase.
Jon is seeking $500,000.00 to be paid back in 5 years or less.
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