SEC Comment Letter 0000000000-22-013447 to Fundhomes I, LLC (CIK 0001936818)
Fundhomes I, LLC (CIK 0001936818)
Date: Dec. 14, 2022 · CIK: 0001936818 · Accession: 0000000000-22-013447
AI Filing Summary & Sentiment
File numbers found in text: 024-11939
Letter
United States securities and exchange commission logo December 14, 2022 Ming Zhu Chief Executive Officer Fundhomes 1, LLC 1700 Westlake Ave. N., Suite 200 Seattle, WA 98109 Re:Fundhomes 1, LLC Amendment No. 4 to Offering Statement on Form 1-A Filed December 1, 2022 File No. 024-11939 Dear Ming Zhu: We have reviewed your amended offering statement and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your offering statement and providing the requested information. If you do not believe our comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your offering statement and the information you provide in response to this comment, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our November 14, 2022 letter. Amended Offering Statement on Form 1-A General 1.Refer to prior comment 1. Please revise the Summary, Risk Factors and where appropriate to clarify the maximum time period during which investor funds could be held pending a closing without being accepted or rejected. In this regard, we note you retain discretion to terminate the offerings including in the event of the Company not raising enough capital prior to the date on which the property purchase is scheduled to close or the termination of the applicable purchase and sale agreement. You may contact Howard Efron at 202-551-3439 or Wilson Lee at 202-551-3468 if you have questions regarding comments on the financial statements and related matters. Please
FirstName LastNameMing Zhu Comapany NameFundhomes 1, LLC December 14, 2022 Page 2 FirstName LastName Ming Zhu Fundhomes 1, LLC December 14, 2022 Page 2 contact Ruairi Regan at 202-551-3269 or James Lopez at 202-551-3536 with any other questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc: Jason Powell, Esq.
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United States securities and exchange commission logo
December 14, 2022
Ming Zhu
Chief Executive Officer
Fundhomes 1, LLC
1700 Westlake Ave. N., Suite 200
Seattle, WA 98109
Re:Fundhomes 1, LLC
Amendment No. 4 to Offering Statement on Form 1-A
Filed December 1, 2022
File No. 024-11939
Dear Ming Zhu:
We have reviewed your amended offering statement and have the following comment. In
our comment, we may ask you to provide us with information so we may better understand your
disclosure.
Please respond to this letter by amending your offering statement and providing the
requested information. If you do not believe our comment applies to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response.
After reviewing any amendment to your offering statement and the information you
provide in response to this comment, we may have additional comments. Unless we note
otherwise, our references to prior comments are to comments in our November 14, 2022 letter.
Amended Offering Statement on Form 1-A
General
1.Refer to prior comment 1. Please revise the Summary, Risk Factors and where
appropriate to clarify the maximum time period during which investor funds could be held
pending a closing without being accepted or rejected. In this regard, we note you retain
discretion to terminate the offerings including in the event of the Company not raising
enough capital prior to the date on which the property purchase is scheduled to close or
the termination of the applicable purchase and sale agreement.
You may contact Howard Efron at 202-551-3439 or Wilson Lee at 202-551-3468 if you
have questions regarding comments on the financial statements and related matters. Please
FirstName LastNameMing Zhu
Comapany NameFundhomes 1, LLC
December 14, 2022 Page 2
FirstName LastName
Ming Zhu
Fundhomes 1, LLC
December 14, 2022
Page 2
contact Ruairi Regan at 202-551-3269 or James Lopez at 202-551-3536 with any other
questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction
cc: Jason Powell, Esq.