ANSWERS

1. Q: What has been the company’s track record for generating returns for its investors?

A: The Joint Venture Manager and founder has provided double digit returns for his
investors for over 13 years.

2. Q: What has been the most successful Joint Venture to date?

A: A property in Covina that produced a return of $12,068 in 106 days on an
investment of $150,000.

3. Q: Have your investors ever lost money?

A: No.

4. Q: How are the distributions paid out?

A: Distributions are paid out at the end of each transaction, unless you ask us to roll
them into the next deal.

5. Q: Can I pair up with other people and how does that work?

A: Yes, they would simply be another party on the Joint Venture Agreement along with you and the managing partner.

6. Q: How long has the organization been in existence?

A: Our realty company, Flagship, has been in business for over 7 years, and is the
organization that actually acquires and sells the properties. Legiance is a new
addition to our suite of companies and was formed in October of 2009 to focus on
this specific market opportunity.

7. Q: What is a preferred return?

A: Our preferred return is paid out as a percentage of your investment capital. It is
named as such your return has “preferred status”, and will be paid out before any
other funds from the deal are distributed.

8. Q: How do you protect my investment?

A: Several ways. The most tangible protection is in the form of the co-investment
buffer that is present on every deal. Those funds would be to be completely
exhausted in order for your capital to be at risk. Secondly, the fundamental approach
on our part is to control risk by exhaustively researching each deal, paying all cash,
and selling quickly.

9. Q: What happens to my money if something happens to you?

A: At no time is your money any place where it cannot be accounted for. It is always
one of two places, in a bank account with Bank of America or in a piece of property
in which you have an interest.

10. Q: How many deals can you realistically do in a year? - Best case scenario, worst case
and average examples.

A: In recent months our average time from receipt of funds to payout has been
approximately 96 days. Since that is just over 3 months, it is realistic that we could
turn over your funds twice in a year, although our goal is to turn it three times.

11. Q: How much are the sales costs in a transaction?

A: The sales costs are comprised of the standard 6 commission paid by the seller, plus
2% for title and escrow fees.

12. Q: What other expenses are involved?

A: The only other expenses involved are those typical of any real estate transaction
such as a home inspection, recording fee, utilities, etc. All expenses
are detailed in the final transaction spreadsheet.

13. Q: What is a realistic return on my investment?

A: In recent months our returns have been in the range of 18%-27%.

14. Q: Can I withdraw my money before 12 months?

A: Yes. We do ask that this only be done in the event of financial hardship or other
significant change in you life, and if your funds are currently tied up in a
transaction, you must wait until that particular deal is complete. You will receive
your full principle back along with the Preferred Return. You will not receive the
Upside Participation return.

15. Q: How far in advance do I need to provide you with the investment funds?

A: It’s very simple. When you deposit the funds with us, we begin the property
acquisition process.

16. Q: How do you take title of the property?

A: Title is typically in the name of the Joint Venture Manager, Kwame Granderson.
You are welcome to be on title as well, understanding that your being on title then
becomes a matter of public record.

17. Q: Will I be able to have input on what is purchased? Can I say “no” to a property?
Do I have a say in the renovations?

A: The answer to all of the above is no. A large part of what you are buying into is our
understanding of what to buy and how to renovate it for maximum profit.

18. Q: What type of reports do you provide on the progress of the property and how
often?

A: Email updates are sent to the investor during every step of the transaction (e.g.
property acquisition, start of renovation, etc.)

19. Q: Can my credit be affected in any way?

A: No, our purchases are all cash. Neither your credit nor social security number
is used in any transaction.