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Select Capital Group (SCG)

Membership Requirements (January-June 2008)

About Us
Select Capital Group is a nationwide group of real estate buyers. Because of our strength and numbers as buyers we are able to negotiate substantial discounts and financing incentives with key national developers on real estate deals.

We are committed to offering our members the most lucrative investment opportunities available with the aim of helping each member achieve financial independence within 3-5 years ($5 Million). To do this, most buyers will need to purchase about 10 properties a year for the first few years to generate equity and cash flow income to get their investment "pipeline" moving.

Who Qualifies?
To accomplish our mission and help each investor progress quickly, we have established strict membership requirements and expectations. Our group is not for the casual investor. Only individuals who are members of Select Capital Group and have met the requirements of a membership level are allowed to purchase properties offered on the website and during conference calls.

Membership Levels:

  • Silver Membership
  • Gold Membership
  • Platinum Membership
  • One Time Buyers

Silver Membership Requirements
1) Credit Score of 680 or above
2) At least $20,000 liquid to invest
3) $50 processing fee (Waived Through June 2008)
4) Ability to close on 2 new properties during the 6 month membership period

Silver Memberships will be expected to close on 2 properties during the 6 month membership period. If a member joins with 3 or less months remaining in the membership period, he/she is expected to close on 1 property. If inventory is limited, ability to purchase and access to the conference calls will be given to higher membership levels first. Any member not meeting the membership expectations will be removed from the Select Capital Group immediately. Silver Members will receive email alerts and are invited to check the website regularly to keep abreast with the available inventory.

Gold Membership Requirements
1) Credit Score of 700 or above
2) At least $75,000 liquid to invest
3) Ability to close on 4 new properties during the 1 year membership period
4) $150 membership fee (Waived Through June 2008)

Gold Membership need to close or be cleared to close on at least 4 properties by the end of the membership period (June 2008). If a Gold member does not meet the Gold Membership expectations, he/she will be transferred into an appropriate Team.  Gold Members will receive email alerts, are given priority when limited inventory, gain access to upscale inventory, and enjoy higher return on investment

Platinum Membership Requirements
1) Credit Score of 700 or above
2) At least $150,000 liquid to invest
3) Ability to close on 6 new properties during the 1 year membership period
4) $200 membership fee (Waived Through June 2008)

Platinum Membership need to close or be cleared to close on at least 6 properties by the end of the membership period (June 2008). They are expected to bring in 3 new "Platinum" level or above buyers, one in the first month of membership. If a Platinum member does not meet the Platinum expectations, he/she will be transferred into the "Gold" or lower membership level.  Platinum Members will receive email alerts, are given priority when limited inventory, gain access to upscale inventory, enjoy higher Return on Investments, and benefit from one-on-one conference calls with developers, as well as being included on other private “invitation only” calls when available.

One Time Buyers
We understand some buyers have limited funds, so we also allow investors to join for the purpose of participating in one specific deal as a one time involvement. They are referred to as "One Time Buyers" and must have a credit score of at least 680 and at least $10,000 liquid to invest depending on the project. They pay a one time $50 processing fee. After that specific deal they will not receive further emails notifying them of future projects. They will have access to inventory only after members have received their lots/units. If inventory is limited, One Time Buyers will not be able to purchase that specific project.

Select Capital Group Code of Conduct
The following guidelines are established to clarify what is expected and required of each Select Capital Group member regardless of membership level. Members not abiding by the Requirements and Code of Conduct will have their membership promptly terminated and will be denied future investment opportunities with Select Capital Group.

Participation
Each member is expected to study the emails and websites, conduct his/her due diligence and join in on conference calls for investment opportunities that interest them. Members are asked to make at least half of the conference calls during a membership period as the calls are very educational and informative.

Conference calls are usually in the evenings. Members need to seriously study the information in the email and website before the call and make their decision quickly during the call. Each member is expected to do his/her own due diligence and take responsibility for his/her own investment decision. Once the call is finished, members need to send in a reservation quickly by email if they want to buy a property.

If a member is not able to make a conference call, he/she is encouraged to get a spouse, business partner or friend to take notes or record the call. We will also try to have a recording of the call available on the website within 24 hours of the call.

Property reservation emails are treated on a first-come, first-serve basis, so members waiting for hours/days after the call may miss out on obtaining a property.

Priority for property reservations will be given to Superstar and Heavy Hitter Team members if inventory is limited.

What Select Capital Group is Not
Select Capital Group is not a real estate coaching or training program. It is assumed that each member has basic real estate investing experience and has an average understanding of real estate investing concepts.

No mentoring is available through Select Capital Group. Select Capital Group is not suitable for individuals with no real estate investment experience or for individuals who require a lot of "hand holding". We are a fast paced buyers group.

Also, it is not in our scope of expertise to answer individual questions and emails regarding tax issues, legal issues etc. Every member should consult his/her own lawyer or accountant for those questions.

Buyer Code of Conduct
The emails and website information leading up to the conference call are designed to give the buyer more than adequate information to make a solid investment decision by the end of the call.

Every buyer is required to do his/her own due diligence prior to the call. This means that he/she seeks additional information if needed, conducts research, assesses his/her current personal financial situation, talks to a spouse or business partner, etc, before the call.

The buyer is asked not to contact the developer after the call to request additional information, brochures, etc. The time to ask general questions about the property has passed.

We ask only serious buyers intent on following through with a property purchase contact the developer after the call. At this time, these buyers can ask specific questions regarding the project, seek advise selecting a specific lot etc.

After the call, if an buyer contacts the developer it is expected he/she will follow through by completing the contract and returning the necessary documents and the deposit money to the developer within 3 days.

Buyers who received a contract and do not follow through with their commitment within the required time frame will forfeit the opportunity to invest in that specific property. They will forfeit their membership and will not be allowed to participate in future investment opportunities with Select Capital Group.

Only serious buyers intent on purchasing a property should be requesting contracts, talking to a developer, etc.

If a buyer is hesitant about an investment, he/she is asked to pass on that specific investment opportunity and wait for an opportunity more in line with his/her individual investment needs.

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