THIS INVESTMENT INFORMATION IS ONLY FOR CALIFORNIA ACCREDITED INVESTORS WHO ARE INTERESTED IN HAVING PROFESSIONAL MANAGEMENT BUY, RENOVATE AND SELL REO AND FORECLOSED HOUSES TO MAKE PROFITS.

Distressed Realty Fund I, LLC

THIS OFFERING HAS BEEN NOTICE FILED WITH THE SEC ON EDGAR AND IN CALIFORNIA. THE FUND IS AVAILABLE FOR INVESTMENT MAY 2010.

The Fund intends to purchase foreclosed and REO houses from lenders and government agencies throughout the nation. Many purchased houses will need some renovations. Some of houses will be rented producing an expected 8% annual net income for the Fund. The remaining houses will be listed for sale and are expected to produce an average 20% to 40% net profit for the Fund. The Managing Member anticipates distributing quarterly income to Investors from rents estimated to be approximately 4% per year. Management will also distribute 75% of the net profits from sold houses each year. When investors have received a combined total return of 8% per year, thereafter they will receive 50% of all additional net profits from sold houses. The combined total return to investors from rental income and net profits is expected to be approximately 9.87% per year.

Please review the Pro Forma financials by clicking this link.

Experienced Professional Management Team

The Fund's management team includes David Zussman, J. D., Manager; Stephen Verchick, J. D., Legal Counsel; Mark Dryburgh, MBA, Accountant; and Richard Orahood, MBA, Renovations. The management team currently operates three other affiliated distressed real estate investment funds. Please review the three fund websites at: R E Tax Lien Fund I, LLC, the Tax Lien Income Fund I, LLC, and the Yield & Profit Lien Fund I, LLC.

During the last 6 years, the three affiliate funds have purchased real estate tax liens and tax deeds on several thousand properties in 12 states. These funds have foreclosed on over a hundred properties and they have purchased over 30 selected foreclosed and REO houses to renovate, rent and sell.

The purchased houses are usually 20 years old, in the suburbs or older in the city, with 2-3 bedrooms, 2-3 bathrooms and averaging 1200 to 2500 sq. ft. Many houses have been rented for approximately $1,000 per month. All houses sold have used FHA government financing of 96.5% with low interest rates and only 3.5% down.

Based on the prior Fund's experience most of the purchased houses have cost between $15,000 and $50,000. Many houses require some renovations (supplies purchased at Home Depot type stores). The renovation costs have ranged from $1,000 to $25,000 per house. Most of the sold houses were purchased by retail home buyers at prices ranging from $50,000 to $250,000. The sold houses have produced an average net profit ranging from 20% to over 100% ($15,000 to $50,000).

The DISTRESSED REALTY FUND I, LLC expects to purchase, renovate and sell up to 150 houses over the span of 5 to 6 years. Selling this quantity of houses could generate several million dollars of net profits based on an average $25,000 net profit per house.

The DISTRESSED REALTY FUND I, LLC offering is for $3,000,000, with a minimum investment of $25,000 per unit. The offering can be purchased from selected Brokers Dealers - Registered Representatives, Financial Planners and Investment Advisors. The directors, officers and employees of the Managing Member will also raise investor money. The Fund will accept investment capital from individuals, trust accounts, corporations and self directed IRA rollover retirement accounts.

If you are interested in receiving the PPM offering prospectus, please click on this link to print the investor suitability subscription agreement. Complete the requested information and mail or fax it to the fund's office listed below. The offering prospectus will be mailed to you. To review the 8 page color brochure, click on the link to read and print it.

Please click on any of the displayed house pictures on this website to see the interior pictures, the cost of the house and the renovations. The estimated net profit and rental amount of the house is also disclosed.

Interested accredited Investors are encouraged to contact David Zussman, President of Realty Fund Management, Inc. the Managing Member of the Distressed Realty Fund I, LLC. The Fund is located at 895 Dove Street, Suite 300 Newport Beach, California 92660. Mr. Zussman can be contacted by phone 714-342-0785, fax 949-640-2814 and by email at zussman@cox.net .

The PPM offering prospectus will be mailed to you after you complete the suitability agreement and returned to the Fund's office. No sale or commitment to purchase units will be made during your inquiry. Requesting investment information doesn't obligate you to invest.

CALL NOW TO FIND OUT ABOUT THIS POTENTIAL INVESTMENT IN DISTRESSED REO & FORECLOSED HOUSES TO MAKE PROFITS.