Document:

NUMBER  ____________                                                    WARRANT
                                                             WARRANT TO PURCHASE
                                                                __________SHARES
                                             See reverse for certain definitions

                            E-NET FINANCIAL.COM, INC.
                          COMMON STOCK PURCHASE WARRANT
         Will be void if not exercised prior to 11:50 P.M. Pacific Time on
                                     , 2005
THIS  CERTIFIES  THAT  FOR  VALUE  RECEIVED,  LAGUNA  PACIFIC  PARTNERS,  LP THE
REGISTERED  HOLDER  OR  ASSIGNS  ("HOLDER"),

Is  entitled  to  purchase  from E-Net Financial.com, Inc., a Nevada corporation
(the  "Company")  at  any time after 9:00 A.M. Pacific Time on June, 2001 at the
purchase  price  share  of  $1.00 (the "Warrant Price"), the number of shares of
Common  Stock  of  the  Company  set  forth above (the "Shares").  The number of
shares  purchasable  upon  exercise  of  each  warrant  evidenced hereby and the
Warrant  Price per Share shall be subject to adjustment from time to time as set
forth  in  the  Warrant  Agreement  referred  to  below.  The Warrants expire on
,  2005.  Holders  will  not have any rights or privileges of shareholder of the
Company  prior  to  exercise of the Warrants.  Holders of the Warrants evidenced
hereby and the shares of Common Stock issuable upon exercise hereof have certain
rights  with respect to registration with the Securities and Exchange Commission
of  the  Warrants  and  Common  Stock  issuable  upon  exercise  hereof.  These
registration rights are set forth in that certain Warrant Agreement of even date
herewith  pursuant  to  which  this  Warrant  Certificate  has been issued.  The
Warrant evidenced hereby may be exercised in whole or in part by presentation of
this Warrant certificate with the Purchase Form on the reverse side hereof fully
executed (with a signature guarantee as provided on the reverse side hereof) and
simultaneous  payment  of  the  Warrant  Price  (subject  to  adjustment) at the
principal  office  of  the  Company.  Payment of such price shall be made at the
option  of the Holder in cash or by certified check or bank draft.  The Warrants
evidenced  hereby  are  part of a duly authorized issue of Common Stock Purchase
Warrants  with rights to purchase an aggregate of up to                shares of
Common Stock of the Company.  Upon any partial exercise of the Warrant evidenced
hereby,  there  shall  be  countersigned  and issued to the Holder a new Warrant
Certificate  in  respect of the Shares as to which the Warrants evidenced hereby
shall not have been exercised.  This Warrant Certificate may be exchanged at the
office of the Company by surrender of this Warrant Certificate properly endorsed
with  a signature guarantee either separately or in combination with one or more
other  Warrants  for  one  or  more  new Warrants to purchase the same aggregate
number  of  Shares  as  evidenced  by  the  Warrant  or  Warrants exchanged.  No
fractional  Shares  will  be  issued  upon  the  exercise  of rights to purchase
hereunder,  but  the  Company  shall pay the cash value of any fraction upon the
exercise  of  one  or  more  Warrants.  The  Holder hereof may be treated by the
Company  and  all  other  persons  dealing  with this Warrant Certificate as the
absolute  owner  hereby,  any  notice to the contrary notwithstanding, and until
such  transfer  is  on such books, the Company may treat the Holder as the owner
for  all  purposes.

<PAGE>

Dated:                                             E-NET  FINANCIAL.COM,  INC.

_________________________________                 _____________________________
Secretary                                             Chief  Executive  Officer

THE  SECURITIES  REPRESENTED  BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER
THE  SECURITIES  ACT  OF 1933, AS AMENDED (THE "ACT"), OR THE SECURITIES LAWS OF
CERTAIN  STATES, AND MY NOT BE OFFERED, SOLD, TRANSFERRED, PLEDGED, HYPOTHECATED
OR  OTHERWISE  DISPOSED  OF  EXCEPT  PURSUANT  TO  (I) AB EFFECTIVE REGISTRATION
STATEMENT  UNDER  THE  ACT  AND  ANY  APPLICABLE  STATE LAWS, (II) TO THE EXTENT
APPLICABLE,  RULE  144 UNDER THE ACT (OR ANY SIMILAR RULE UNDER THE ACT RELATING
TO  THE  DISPOSITION  OF  SECURITIES),  OR  (III) AN OPINION OF COUNSEL, IF SUCH
OPINION  SHALL  BE  REASONABLY  SATISFACTORY  TO  COUNSEL TO THE ISSUER, THAT AN
EXEMPTION FROM REGISTRATION UNDER THE ACT AND APPLICABLE STATE LAW IS AVAILABLE.

THE SECURITIES REPRESENTD BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES  ACT  OF  1933,  AS  AMENDED  (THE  "ACT"), OR THE SECURITIES LAWS OF
CERTAIN  STATES, AND MAY BOT BE OFFERED, SOLD TRANSFERRED, PLEDGED, HYPOTHECATED
OR  OTHERWISE  DISPOSE  D  OF  EXCEPT  PURSUANT TO (I) AN EFFECTIVE REGISTRATION
STATEMENT  UNDER  THE  ACT  AND  ANY  APPLICALBE  STATE LAWS, (II) TO THE EXTENT
APPLICABLE,  RULE 144 UNDER THE ACT (OR ANY SIMILAR RULED UNDER THE ACT RELATING
TO  THE  DISPOSITION  OF  SECURITIES),  OR (III)  AN OPINION OF COUNSEL, IF SUCH
OPINION  SHALL  BE  REASONABLY  SATISFACTORY  TO  COUNSEL TO THE ISSUER, THAT AN
EXEMPTION FROM REGISTRATION UNDER THE ACT AND APPLICABLE STATE LAW IS AVAILABLE.

                              ELECTION TO PURCHASE

     The  undersigned  hereby  elects irrevocable to exercise the within Warrant
and  to  purchase           shares  of Common Stock of E-Net Financial.com, Inc.
and  hereby  makes  payment  of  $1.00 in payment of the Exercise Price pursuant
hereto.  Please  issue  the  shares  as  to  which  this Warrant is exercised in
accordance  with  the  instructions  given  below.

     The  undersigned  represents  and  warrants that the exercise of the within
Warrant  was  solicited  by  the  member  firm  of  the  National Association of
Securities  Dealers,  Inc.,  ("NASD") listed below.  If not solicited by an NASD
member,  please  write  "Unsolicited"  in  the  space  below.

             (Insert  Name  of  NASD  Member  or  "Unsolicited")

Dated:_______________________       Signature: _______________________________

                     INSTRUCTIONS FOR REGISTRATION OF SHARES

Name  (print)_________________________________________________
Address  (print)______________________________________________

                                   ASSIGNMENT

     FOR  VALUE  RECEIVED,______________________does  hereby  sell,  assign  and
transfer  unto____________________,  the right to purchase _______________shares
of Common Stock of E-Net Financial.com, Inc., evidenced by the within full power
of  substitution  on  the  premises.

Dated:_______________ , 20_____               Signature:________________________

NOTICE:  The  signature  of  Election  to Purchase or Assignment must correspond
with the name as written upon the face of the within Warrant in every particular
without  alteration  or  enlargement or any change whatsoever.  The signature(s)
must  be  guaranteed  by an eligible guarantor institution (Banks, Stockbrokers,
Savings  and  Loan Associations and Credit Unions with membership in an approved
signature  guarantee  Medallion  Program),  pursuant  to  S.E.C.  Rule  17Ad-15.

                                       _________________________________________
                                       Signature  Guarantee

<PAGE>1

                               OPERATING AGREEMENT
                               -------------------

     This  OPERATING  AGREEMENT  (this  "Agreement")  is  by  and  between E-Net
Financial.com,  Inc.  ("Parent")  and  Anza  Properties,  Inc.  ("Subsidiary").

     It  is acknowledged that the Subsidiary shall conduct an offering on a best
efforts  basis  of  secured bonds for the purpose of acquiring real estate.  The
purpose  of  this  Agreement is to provide for the terms, pursuant to which, the
Subsidiary  shall  be  operated.

     1.     Thomas  Ehrlich  shall  be  the  vice  president  of  real  estate
acquisitions  of  the  Subsidiary  in  accordance  with  the terms of a separate
Employment  Agreement.  Vince Rinehart shall be the president of the subsidiary.
Messrs.  Ehrlich  and  Rinehart  shall  constitute the Board of Directors of the
Subsidiary until termination of Mr. Ehrlich's Employment Agreement or the mutual
agreement  of the parties hereto.  It is understood that certain clerical tasks,
such  as accounting and payroll of the Subsidiary shall be the responsibility of
the  Parent.  It  is  further understood that the obligation of E-Net Financial,
Inc.  to  repay  the bridge loan in the amount of $200,000 is independent of the
performance  of  the Subsidiary in successfully completing the proposed offering
of  Bonds.

     2.     Any  bank  account  established for the Subsidiary shall require the
written  approval,  with signatures of both Mr. Ehrlich and Mr. Rinehart for the
transfer  of  funds of any amount in excess of $500.  It is further acknowledged
that  the unanimous consent of Mr. Ehrlich and Mr. Rinehart shall be required in
order  to acquire or dispose of any real estate in connection with operations of
the  Subsidiary, which neither parties consent will not be unreasonably withheld
without  written  explanation  for  such action.  Upon Company securing national
market  approval,  Mr.  Ehrlich  shall be relieved of all rights and obligations
under  this  Agreement.

     3.     There  shall be no lien or encumbrance placed upon the assets of the
Subsidiary  unless unanimously agreed by Mr. Ehrlich and Mr. Rinehart and shares
issued  by  the  Subsidiary  to  the Parent shall not be encumbered or otherwise
transferred  without  the  express  written  consent  of  both  parties  hereto.

     It  is  hereby  acknowledged  that  Mr. Rinehart has represented that he is
retaining  independent  counsel in connection with the development and execution
of all documentation associated with the bridge financing and the bond financing
referenced  in  this  Operating  Agreement.  Mr.  Horwitz and the law firm, Senn
Palumbo  Meulemans,  LLP,  will  only  represent  Mr. Ehrlich and Laguna Pacific
Partners,  LP  in  connection  with  the  execution  of such documentation.  Mr.
Horwitz  and  any  law  firm  affiliated  with  Mr.  Horwitz  provide  legal
representation  to  Mr.  Ehrlich  and  Laguna  Pacific  Partners,  LP  only.

                          [SIGNATURES FOLLOW NEXT PAGE]

<PAGE>

     IN  WITNESS  WHEREOF,  the  parties hereto have caused this Agreement to be
duly  executed,  as  of  this 27th day  of June, 2001.

E  NET  FINANCIAL.COM,  INC.

By:  /s/ Vincent R. Rinehart
     Vincent R. Rinehart
Its: President & CEO

ANZA  PROPERTIES,  INC.

By:  /s/ Thomas H. Ehrlich
     Thomas H. Ehrlich
Its: Vice President

<PAGE>

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