1st Equity Group Secures Three Asian Investors, Who Have Capitalized the Small Minority Owned Company with a $100,000 Operational Loan
1st Equity Group is a private investigation, property inspection reporting and financial housing development company. Working on multiple issues facing non-profits, private farm land developers, underserved minority groups in credit- lending.
Indianapolis, IN (PRWEB) May 22, 2006 -- 1st Equity Group has landed three major company firsts in their targeted housing development and lending market...
What's first, this group is the first custom real estate development services company in Hamilton County, Indiana, to be wholly owned and operated minority company. Their first two principle investors are from Mainland, China who invested $100,000.00 dollars for operational capital. The news is; this represents the quantity of monies which small minority companies are often denied, especially from local government, banking and venture capitalist, and other professional real estate company support groups. Their primary developer is a property finance and lending analyst who happens to be a tri-racial American Minority also, another first in Hamilton County, Indiana. This groups wants to see less minorities paying mortgages, and dealing with credit hassles, they envision minority develop concerns, real estate agencies, and minority mortgage held banking concerns that strictly protect the equity positions of minority professionals, so to create greater profitability and partnerships with minority held assets of any community. They continue to look for Angel Investors to support this development concept.
They are working in hot, but isolated market from the minority perspective. General construction and home building moves a fast pace in their area. A new developer can't do what everyone else is doing, because time and land is decreasing, and prices are on the rise. So,when the dominate builders manage the majority of housing in any area, custom building niches often occur and manifest new ideas and customer opportunities. This company is linking cultural markets, and teaming up for greater niche market penetration and self represenation.
Secondly, this develop group is seeking to serve a cultural niche. Their strategy is to offer Chinese Dialects from company owners to real estate Chinese home buyers, and international Asian property entrepreneurs from abroad. These clients maybe local too and are seeking custom home construction, income producing property portfolios, general lending housing finance, finance credit management, and quality control inspection services that can be verbally reported in Mandarin and Cantonese common languages, and custom.
Thirdly, they have placed their private Headquarters in Noblesville, Indiana, the first minority owned office in the recently renovated multi-million dollar office center at the Model Building Project closely located only 15 minutes from Zionsville, Lawrence, and Fishers, Hamilton County hot home markets.
1st Equity's' new office center was specifically designed by the company so to offer an exclusive office setting with the hopes to better service private homeowners, property investors, and professional clientele. The company is designed to work with minority professionals, culturally sensitive executives that are savvy enough to want their cash inputs placed back into their own minority communities sectors of need. So you will not find, waiting in a line, or client interruptions, or the standard, “is anyone helping you, pitch” while a client waits to spends $300,000 to $1,000,000.00 dollars on a custom home or building project. This is Hamilton County's first private minority sector development group.
Hamilton County and the surrounding small cities are where the largest and most respected property developers are bid-fighting for as little as 5 acres of land to build in one of the most successful new housing markets in Indiana, USA.
Entrepreneur developers who hold land, or who are farmers, have shown appreciation for Mr. Dawson, a former Future Farmer of America member,himself. He is one who especially appreciates their minority farmers status and who will seek to protect their land equity positions, so they can produce their individual wealth, rather than surrending it to the next dominating land Developer.
1st Equity Development & Finance, llc, has decided on an Organization Supervisor; meet, Terry L. Dawson, who has been uniquely qualified to offer a mix bag of services that operationally tie together to produce property acquisition, lending credit analysis and construction development projects. Mr. Dawson works on each project as a Financial Housing Analyst, trained by “The National Development Council and the Mortgage Bankers Association of American” He was the founder of Madison County, Indiana's first Minority Community Development Corporation, the Anderson West-side, CDC.
He brings development project certification, knowledge, skills and abilities to the necessary lending and residential housing markets. As an analyst his experience has taught him how to produce small home communities and income properties for the busy professional. But from the perspective of 25 years of lending build-out experience. He states, “its the process stupid, that must qualify the quality, and if you truly want anything to do with diversity, rather than division, you have to be cosmopolitan enough to build it!"
Certified since July 1989 by the American Institute of Consumer Credit, and also Eldorado's Business College in the practice of Junior Cost Accounting, he uses, Consumer Budget-Accounting, and additional state licenses as a mortgage broker, credit budget planning, Property Inspections, and finally operates the only minority held Private Detective Agency. He combines his natural analyst skills with a graduate degree from Indiana/Purdue University, Richmond, Indiana to keep the company going. "I do one job at a time," he claims.
His growing relationships with the Chinese Culture maybe “the bridge for economic diversity he needs to succeed with this unique model” which is seldom fostered in the conservative Midwest regions. Fishers, and Noblesville, Indiana are relatively wealthy small cities, but growing communities; thus without government maturity in leadership areas like this historically stampede on the less-viable minority owned companies and individuals.
For example, Terry sharply points out, that most small Indiana Communities have little concern and perspective regarding minority housing affairs, that is why its a state government affair, he states, “ the process of building our office nearly took us out of business, because our local Development & Planning Agencies policies are so antiquated, they held our company captive for a commercial unpaved parking lot -that was someone else's responsibility, before we could open our office to clients.” ““So whom is first, parking pavement or promoting the rare minority business?”” Man Ho Lam, a company investor, states with a devilish smile, “they don't discriminate when it comes in handy.”
Terry L. Dawson, office operates out of the Model Mill Building in Noblesville, Indiana. He revived a company he formerly operated during 1989 to 1997 which held offices in Anderson and Carmel Indiana locations. Another specialty of this company is to offer lower than expected prices in key home life credit-loan services areas, and on a flat consultant basis to fund the company between development projects: They offer in addition to rural and suburban property development the following credit loan and general property services:
Credit Score Repair & Arbitration
Annual Credit Budget Reports
Financial Housing Project Analyst
Mortgage Loans and Multi-Housing Lending Analysis
New Purchase Money Mortgages
Property Home Inspection Reports & Consulting
Home Infrared Thermal Image Reporting
Land Contract - Cash Note Purchases
Multi-Unit Construction & Acquisition
SFD Custom Development(24 units or Less)
Private Detective Property Investigation
Thermal Multi-Unit Inspection Reports
Minority Economic Diversity CDC Support
Special Needs- Disability Bldg & Inspections
Custom Kitchen Tile-Marble Material
1st Equity goal is to place quality analysis tools and credit budget lending methods in the hands of clients as real estate owners. Or to jump to the new land develop entrepreneur, much more affordably and efficiently, than the "learn as you go plan." Our clients do not have the training, the computer software reporting tools, and office location,presentation lending skills necessary to qualify for banking development approvals. We offer license, building expertise, certification in housing related skills. So we provide the missing expertise and cultural education gap, thus providing economic housing diversity. Trust us, 99% of real estate companies, banks, mega-developers and construction teams are not interested in protecting economic diversity, or the first equity position of minority subgroups, like small investors, and farmers with development land. 1st Equity can compete and provide a larger vision, valuable development expertise as a valuable serve in this real estate area. And with technology, we can serve more clients professionally, more often, and within interrelated real estate disciplines, but with a central strategy to protect the "Equity Position" of our clients land, credit, loans, and the home. "Other wise its a level playing field out there, a buy and sell world where its eat or get eaten. States, Terry, great for the market, but why can't we as humans count?"
1st Equity Group also creates for our individual homeowners, understandable lending mortgage solutions that come with an annual credit budget management plan scaled to monitor the financial credit and budget goals or repairs. We have been able to move a client into homeownership, and into future personal investment property when they are so willing.
Our services are designed to reach a diverse group of clients, so to bridge the economic challenges in housing, credit, and the entrepreneur housing development spirit. We are going to leverage the most unexpected clients, and then leverage their capacities around quality housing, so they may gain additional income, stability in knowledge, and most importantly, personal equity to build a better future.
We believe, from ones personal “1st Equity” position, comes the stability of wealth and happiness. We are one the few companies that have taken clients from credit budget repair to then becoming homeowners, then to income producing property holders, smartly, affordable and safely. Anybody can build a million dollar house, with a million dollars, but we like to build people and protect the equity of an structure, so to better serve all of the community. It looks like it will take a minority company to build these types of objectives.
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