am Frank Ricci and I've lead an exciting and varied life, from being
a Computer Programmer Analyst in Aerospece, a top Headliner in Las
Vegas, awarded a Humanitarian Award for my work with Downs Syndrome
Shared Equity Specialist and Investment Manager for a national real
estate affiliate and to
being a co-founder of a national charitable health clinic that conducted
free seminar/clinics to over 200 organizations and more than 150,000
know that's a lot to take in. All you have to do to experience all
that is 1. truly love life, 2. always remain curious, 3. never stop
learning, 4. give back by helping those in need, 5. always remain
grateful and humble, 6. believe it is all possible and 7. above
all live long enough.
"Good people can achieve great things when given a chance by
others who care". I've had the good fortune of receiving help
from many others - No one can do it alone!
1. After Headlining
in Las Vegas starring alongside superstars like Frank Sinatra,
Elvis Presley, Michael Jackson, Tony Bennett, Reba McEntire, Marty
Robbins, Tammy Wynette and many more. After performing thousands
of shows in the U.S. and internationally my life took a drastic
downturn, I contracted Cancer from second-hand smoke. I promised
God, that if He helped me survive this potentially deadly disease,
I would dedicate the rest of my life helping people improve their's
by helping them quit smoking. God granted me my wish and I have
been Cancer free since then.
However, I knew I could not perform on stage as I once did so I
needed to change fields. During my many successful years performing,
I lived and invested in real estate in booming Orange County, California,
so my first choice was to become a Realtor.
2. After receiving my Real Estate License I joined
a Coldwell Banker affiliate as their Investment Manager.
it was during a disastrous recessionary period in real estate. Homeowners
and developers had their houses listed for as long as one and one-half
years with no buyers in sight, developers were defaulting on their
loans. In addition, there were numerous Homebuyers that qualified
for a loan but could not purchase a home because they lacked the
required 20% down payment.
had promised to help people in need and I needed to find a solution
to this huge problem. I heard of a little known program at that
time called Equity Sharing and believed it just might be the solution.
had to solve the one piece of the puzzle that prevented a successful
sale, the difference between the loan-amount a buyer qualified for
and 20% of the appraised value of the property.
there are multiple parties involved in an Equity Share, a formal "Equity
Share Agreement" must be developed defining the terms and conditions
agreed to by all parties, the Buyer, the Seller and the Lender. I
also needed to create an effective marketing plan.
several months of meeting with real estate attorneys, I developed
an “Equity Share Agreement" I believed successfully addressed
the problem. An Investor would provide the down payment for a qualified
buyer, co-own the property and participate in any future appreciation
for a mutually agreed upon period-of-time.
nice part was that the Investor's down payment was not a loan but
an investment, so it did not inhibit the buyer’s ability to
make the monthly payments to the primary lender thus avoided PMI.
excited me because it was a chance for me to help both Buyers and
Sellers in need. The great thing was, the Investor could either be
a third party cash Investor or Seller of the property who would simply
provide the down payment in pure equity, no out-of-pocket
I had a very high hurdle to overcome. I had to convince lenders to
adopt my program. I presented my program to three major lenders at
that time in Sacramento, “American Savings and Loan”,
“Great Western Bank” and “World Savings and Loan.”
They thoroughly reviewed my Equity Share Agreement defining the responsibilities
of both Buyers and Sellers, including built-in protection of the primary
my pleasant surprise, all three Lenders approved my program. The best
part was that all three lenders agreed that the required twenty-percent
(20%) down payment could come from either a third-party cash-investor
or the home seller who simply contributed the required 20% in pure
equity - A major breakthrough. Lenders were comfortable with
this approach because the value of the property was based on their
own in-house appraiser’s valuation and the loan never exceeded
80% LTV (Loan To Value).
I had to market my program, I drew upon my years of experience performing
and speaking in front of large audiences as large as twenty-five thousand.
So, I created and hosted my own "Real Estate Talk Show"
that covered all of Placer and Nevada Counties and most of Sacramento
radio show was a hit and I became
the Investment Manager and Top Producer for my company. The "San
Francisco Chronicle" featured me in one of their real estate
articles and the "Wall Street Journal" also featured Equity
Sharing as a viable program for homebuyers.
could now sell their properties quickly and at full-appraised value
instead of being forced to reduce it. They could also look forward
to a potential return on their no-cash investment. My program also
helped other sellers avoid foreclosure.
who previously were prevented from buying
because they lacked the 20% down payment and whose only option was
to continue renting could now participate in the American Dream of
home ownership. My program opened the dam and released a tremendous
backlog of potential Buyers who were previously ignored.
read some of the Heart-warming
Testimonials from grateful Buyers, Sellers and Developers I was
honored to help.
am gratified and humbled at the assistance my program has given people
who needed help and I am proud to be one of a handful of Equity
Share Specialists in the United States.
believe Equity Sharing will become an integral part of real estate
in the 21st Century!
3. My other love was helping people on a personal
level starting with my military days where they dubbed me "Father
Frank". I continued my education and received a PhD in Metaphysical
Theology and graduated from HMI, the first nationally accredited college
of Clinical Hypnotherapy.
FREND Group, a national charitable teaching, treating and inspirational
health clinic. My program was free and proven very effective at helping
people eliminate stress and stress-related issues such as excess weight,
pain, insomnia and especially
smoking addiction, a bad habit that helped cut short a successful
then lectured to over 200 organizations with more than 150,000 employees
attending. The organizations included major corporations, law enforcement,
firefighters, health organizations, professional associations and
government agencies, including the State of California and virtually
all of it's counties including the entire California Highway Patrol.
Please read More
Heart-warming Testimonials and Endorsements from grateful individuals
and organizations we helped across America.
Phase. Obviously, I've experienced enough for three
lifetimes and humbly honored that I've been able to help many people
improve the quality of their life. However, I could have not accomplished
all this without the encouragement and support of my wonderful wife
am not finished yet! My wife and I decided to settle down
in the Tehama/Shasta County area and remain close to home. After traveling
nationally and abroad to improve the quality of life for people in
need, we obviously have, as they say, "Been there - Done that".
motto has always been, "Good people can achieve great things
when given a chance by others who care"
would like to hang my Real Estate License Shingle with a forward thinking,
class oriented organization that's a cut-above with like-minded values
who would appreciate and utilize my extensive experience and knowledge.
e-mail me please Click Here