Company Information

THE COMPANY SLS Real Estate, LLC ("Company") is a limited liability company ("LLC") being organized in the State of North Carolina. Its principal office is located at 132 Joe V. Kox Rd., Mooresville, North Carolina, 28117, in Iredell County, and its telephone number is (704) 831-8138.
SLS Real Estate LLC started investing in real estate in 2011 and started the company in 2011 with the goal of providing affordable rental housing in Mecklenburg County. The purpose of the Company is to acquire residential real estate with equity partner Members; focusing on established, lower risk residential investment properties that will generate strong operating cash flows and that have potential to appreciate in value.
SLS Real Estate LLC has developed creative home purchase financing techniques such as a fore closer property, Retail (rehab plus sell for all cash) and Wholesale (no rehab and sell for all cash) which allows Customer/Buyers to make an initial down payment or option deposit while occupying the home. This allows our Customers/Buyers to make progress toward home ownership. Please note that these down payments or option deposits are non-refundable and the purchase price for each property is set when the agreement is signed. While living in what will eventually be their own home, our Customer/Buyers can build equity, repair their credit, establish a reputable financial management history and ultimately become qualified for a standard home mortgage. This model also gives our customers a financial incentive to maintain their properties.
Through these programs Customer/Buyers will pay a down payment or option fee along with monthly payments, giving these Customer/Buyers the time and opportunity to increase their ability to secure a traditional home mortgage from a bank or other financial institution.
Additionally, we will offer to our Customer/Buyers interested in purchasing a home information and assistance in building up their credit scores, enabling them to be better positioned to obtain their own traditional mortgage, which in turn will improve the Company’s ability to work with customers who can become homebuyers. Our Customers/Buyers understand and appreciate that SLS Real Estate LLC has demonstrated a strong commitment to parts of the community whose housing needs have been badly underserved and where few realistic options have been available to those seeking and capable of home ownership. SLS Real Estate LLC not only provides affordable housing but also by the very nature of the business, helps the local economy by providing work for local contractors, realtors, mortgage companies and other related businesses.

RISKS OF INVESTMENT
The Company uses funds borrowed from private lenders to invest in real estate primarily but not necessarily exclusively in and around Charlotte, Mecklenburg, North Carolina. We focus on residential properties, although we will consider investing in commercial and other properties in certain circumstances. As a real-estate investment company, the Company is subject to risks including, but not limited to:

Availability of investment capital from private lenders

Local real estate markets

Competition from other real-estate investment companies, which may offer competitive interest rates or possibly better terms and/or conditions to private lenders

Availability of investment-grade properties

Legal and regulatory issues

Costs associated with rehabbing and maintaining properties

The possibility of selling a home for less than it was purchased

The possibility of selling a home for less profit than anticipated

The possibility of a home going unsold for an extended period of time

Unanticipated repair costs

Changing market conditions

Interest rate changes

Potential damage caused by customers

The death or disability of Manager

Potential lack of demand for a property or types of property

TERMS OF THE OFFERING
The Company is offering the opportunity to invest in the Company. The minimum investment is $25,000 and there is no maximum. Such investments must be made with the knowledge that funds must be kept within the Company for a minimum of five years’ time or until the exercise by Sam Pal of the Member exit strategy, if earlier. Only accredited investors or sophisticated non-accredited Members, or non-accredited investors with the guidance of a purchaser representative, will be offered or sold such investment. SLS Real estate llc will be using Teanants in common method.
A Tenants in common (TIC) is a form of real estate asset ownership in which two or more persons have an undivided, fractional interest in the asset, where ownership shares are not required to be equal, and where ownership interests can be inherited. Each co-owner receives an individual deed at closing for his or her undivided percentage interest in the entire property. Through TIC ownership, the average person is able to enjoy ownership in an institutional-type property with a minimum investment. Upon the death of one tenant, his or her undivided interest passes to heirs through a probate proceeding; the interest does not pass to another tenant in common unless the surviving co-owner is an heir or a purchaser

USE OF PROCEEDS
The funds will be used to:
Invest in residential real estate properties primarily, although not necessarily exclusively, in Charlotte and Mecklenburg, North Carolina.
Be used as working capital in connection with the purchase and operation of the above-referenced properties.
No commissions will be paid to any person or business entity for the sale of these securities, unless and except if they are licensed and/or registered broker-dealers within a particular state or states, and the Company does not anticipate doing so in any case, and may only be sold by authorized representatives of the Company and in compliance with all relevant securities laws and regulations.
FINANCIAL INFORMATION
The Company’s manager and owner has a successful track record in investing and managing investment properties, primarily in the State of North Carolina. The manager is currently working on implementing a number of improvements to reduce the Company’s costs and increase its profitability.
LITIGATION
The Company may, from time to time, become engaged in certain litigation related to the eviction of tenants unable or unwilling to pay rent or otherwise abide by their rental agreement with the Company. There is no past, present, or anticipated litigation that would have a material effect on the business, financial condition, or operations of the Company.
DISCLAIMERS
THESE MEMBERSHIP INTERESTS ARE NOT REGISTERED WITH THE SECURITIES EXCHANGE COMMISSION UNDER THE SECURITIES ACT OF 1933 (THE "ACT").
NO PERSON HAS BEEN AUTHORIZED BY THE COMPANY TO GIVE ANY INFORMATION OR MAKE ANY REPRESENTATIONS OF ANY KIND WHATSOEVER CONCERNING THE COMPANY OR THIS OFFERING OTHER THAN THOSE CONTAINED IN THIS CIRCULAR, AND, IF GIVEN OR MADE, SUCH OTHER INFORMATION OR REPRESENTATIONS MUST NOT BE RELIED UPON AS HAVING BEEN AUTHORIZED BY THE COMPANY. NEITHER THE DELIVERY OF THIS EXECUTIVE SUMMARY NOR ANY SALES MADE HEREUNDER SHALL, UNDER ANY CIRCUMSTANCES, IMPLY THAT THERE HAS BEEN NO CHANGE IN THE AFFAIRS OF THE COMPANY DESCRIBED HEREIN SINCE THE DATE HEREOF, OR THAT THE INFORMATION CONTAINED HEREIN IS CORRECT AS OF ANY TIME AFTER THE DATE IT WAS FIRST DISTRIBUTED. THIS DOES NOT CONSTITUTE AN OFFER OR SOLICITATION IN ANY STATE TO ANY PERSON TO WHOM SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL
FORWARD LOOKING STATEMENTS
THE COMPANY AND ITS REPRESENTATIVES MAY FROM TIME TO TIME MAKE WRITTEN OR ORAL FORWARD-LOOKING STATEMENTS. ONE CAN IDENTIFY THESE FORWARD-LOOKING STATEMENTS BY USE OF WORDS SUCH AS "STRATEGY," "EXPECTS," "PLANS," "ANTICIPATES," "BELIEVES," "WILL," "CONTINUES," "ESTIMATES," "INTENDS," "PROJECTS," "GOALS," "TARGETS" AND OTHER WORDS OF SIMILAR MEANING. ONE CAN ALSO IDENTIFY THEM BY THE FACT THAT THEY DO NOT RELATE STRICTLY TO HISTORICAL OR CURRENT FACTS. THESE STATEMENTS ARE BASED ON OUR ASSUMPTIONS AND ESTIMATES AND ARE SUBJECT TO RISKS AND UNCERTAINTIES. IN CONNECTION WITH THE "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995, THE COMPANY IS HEREBY IDENTIFYING IMPORTANT FACTORS THAT COULD CAUSE ACTUAL RESULTS AND OUTCOMES TO DIFFER MATERIALLY FROM THOSE CONTAINED IN ANY FORWARD-LOOKING STATEMENT MADE BY OR ON BEHALF OF THE COMPANY; ANY SUCH STATEMENT IS QUALIFIED BY REFERENCE TO THE FOLLOWING CAUTIONARY STATEMENTS. THE COMPANY'S BUSINESS IS SUBJECT TO COMPETITION, CHANGES IN THE MARKETPLACE, AND THE EFFECTS OF CHANGING REAL ESTATE PRICES AND/OR INTEREST RATES AND LOCAL ECONOMIC CONDITIONS. OUR RESULTS ARE DEPENDENT UPON OUR CONTINUED ABILITY TO ATTRACT AND RETAIN QUALITY TENANTS, PROPERLY MANAGE AND MAINTAIN THE PROPERTY, ANTICIPATE AND RESPOND TO CHANGING MARKET CONDITIONS, AND OTHER IMPORTANT FACTORS INCORPORATED INTO THIS SECTION BY REFERENCE, WHICH COULD CAUSE THE COMPANY'S RESULTS TO DIFFER MATERIALLY FROM RESULTS THAT HAVE BEEN OR MAY BE PROJECTED BY OR ON BEHALF OF THE COMPANY. THE COMPANY CAUTIONS THAT THE FOREGOING LIST OF IMPORTANT FACTORS IS NOT EXCLUSIVE. ANY FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THE DOCUMENT IN WHICH THEY APPEAR. THE COMPANY DOES NOT UNDERTAKE TO UPDATE ANY FORWARD-LOOKING STATEMENT THAT MAY BE MADE FROM TIME TO TIME BY OR ON BEHALF OF THE COMPANY.
THIS OFFER IS SUBMITTED ON A CONFIDENTIAL BASIS FOR USE SOLELY IN CONNECTION WITH YOUR CONSIDERATION OF THIS OFFER. THIS EXECUTIVE SUMMARY MAY NOT BE REPRODUCED IN WHOLE OR IN PART, AND NO ONE, FOR ANY REASON, SHOULD RELY ON ANY REPRODUCTION OF THIS MEMORANDUM. THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY, NOR HAS THE COMMISSION OR ANY OTHER AUTHORITY ASSESSED THE ACCURACY OR ADEQUACY OF THIS EXECUTIVE SUMMARY. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. THIS EXECUTIVE SUMMARY DOES NOT CONSTITUTE AN OFFER OR SOLICITATION IN ANY STATE OR OTHER JURISDICTION IN WHICH SUCH OFFER OR SOLICITATION IS NOT AUTHORIZED. The content can't be printed or distributed without proper approval from SLS REAL ESTATE LLC.