Friday, January 16, 2009

Opportunity in PARADISE

We've stated this time and again but TODAY is the time. After several improvements and changes, we have decided to launch in March or early April. We are in need of a few more investors before we can get started. Please read on.

Forbes Investments de Costa Rica, SA (FICORSA) is positioned to offer qualified investors an opportunity to make huge returns on their investments. The business is buying, fixing and flipping real estate in Costa Rica. There is no better time, place or opportunity today than this.The legislation: Previously in this country lenders were unable to enforce payment on a bad debt. It could take anywhere from 8 months to over a year to foreclose on a property. Now with the recently executed legislation, a debtor is able to seize goods and real property within ninety days of default. This has created an incredible investment opportunity in the Costa Rican real estate market. These can be acquired at as low as 25% of current market values.

The Team: It's no secret that with the virtual collapse of world financial markets real estate has emerged as the best possible investment today. Valerie Frank-Solórzano has over 15 years of experience in the business of real estate and foreclosures in the US and Costa Rica. But her firsthand knowledge of properties about to come into foreclosure, as well as those already in foreclosure, and the companies prescreened data base of over 400 cash buyers that makes for an investment opportunity virtually free of risk. Her experience and that of her teams experience, assets, and the country’s longtime allure to foreigners combined with the new legislation inspired the creation of this unique opportunity for investors to cash in on this once-in-a-lifetime opportunity.

The Opportunity: To facilitate an agile and continuous buy, fix, flip operation FICORSA needs working capital. A holding company was created to capture 50 investors with a minimum investment of $100,000 each. Ideally, we want our investors to leave their initial investment to work for a period of three years. The first year all profits will be reported then reinvested back into the business. This ensures a running surplus of cash and continuous working capital that will yield higher profit margins. A share of the profits will be distributed after the first year and ROI is projected to be between 15 to 20% of initial investment. However, by year three, a 30% ROI is projected to reward investors who are able and willing to stay the course.

FICORSA's strategy is to continually add to its existing database of pre-screened cash buyers, select properties that meet these buyers’ and our own criteria, and sell well under current market values. This rewards our cash buyers for their liquidity and insures a continuous flow of new cash purchasers and a stream of working capital.

With few time delays and when properties can be acquired before they go on the foreclosure block, or obtained at the third and lowest foreclosure bid, returns will be at the higher end of our expected profit margin. However, our conservative resale estimates ensure that the occasional unexpected delay in rehabilitation or property transfer will have little impact on overall medium to long-term profitability, which is why our average ROI is higher than similar investments.

Don’t miss out on the chance to get in on this opportunity at the beginning. Invests with Forbes Costa Rica today!

val@forbescr.com