Fort Lauderdale, FL (PRWEB) February 05, 2014
Kyle Meyer, Managing Director of Open Source Capital LLC states: “With the signing of the Jobs Act, there’s a lot of buzz going on about crowfunding for real estate projects."
"It’s true that crowdfunding stands to revolutionize the way small real estate developments can get funded. Accredited Investors can now go online and research projects to invest in that were not publicly available prior to September 2013, when the new law went into effect."
"As opposed to investing in a REIT, investors can select to invest in one deal at a time.”
Open Source Capital LLC, further simplifies the investment process by issuing “Neighborhood Development Notes” secured by the real estate. These notes offer quarterly income, plus a profit participation in the project.
Open Source Capital’s lending platform offers accredited investors:
Confidence—the real estate projects we invest in have been vetted by our experienced investment professionals, employing due diligence techniques to maximize visibility into a company's future prospects, and providing capital structuring expertise that can help to maximize a project’s potential.
Transparency—professional, unbiased review of the business and the people behind it.
Compliance—we work to help make sure that every real estate project we invest in has been properly structured and that the company is observing all rules, regulations, and best practices required for successful investing.
What are the expected benefits?
Builders and developers can raise capital when banks are not lending.
By expanding opportunities for businesses and investors alike, Open Source Capital, Inc. serves as a catalyst for business expansion and job growth, while providing investor's an easy way to invest in their local community.
For information, go to http://www.opensourcecap.com.
Information included in this presentation may contain forward looking information that is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from expected results. Among these risks, trends and uncertainties are Open Source Capital’s ability to raise capital, risks associated with the business plan, national and local economic conditions, including conditions in the real estate and construction industry, conditions and trends in small business lending in general, changes in interest rates and other factors. This information is not an offer to sell or a solicitation of an offer to buy any securities of Open Source Capital LLC. Any such offer will be made only to qualified investors by way of written offering documents meeting the requirements of the Securities Act of 1933, as amended.