Asked by Nick, Los Angeles County, CA • Fri Mar 21, 2014
My construction company and I are currently looking for a serious cash investor ($1.5 million) who can fund our project to purchase a residential property (fixer upper or empty piece land) in specific parts of the LA area, so we can build a new custom home and split the profits. We can take care of all the legal and real estate paper work, building permits, engineering, architectural renderings, construction, zoning, etc. The concept is simple. Buy a fixer at around $1 mil, in areas we have already qualified. Put down 30% which equals to $300k spend an additional $700 to 1Mil, on construction, carrying cost, plans, permits, etc. Total investment 1.3 Mil, total debit $2 Mil. G-d willing, we will sell for around $3.5 - $4 Mil, and split the profits. You cannot get this kind return on investment anywhere else.
Serious inquires only please. For more info, please email me Nick at ABCLosAngeles.com
Real Estate in Los Angeles
Popular Categories in Hollywood Hills
Email me when…
Success! Your email alert settings have been saved. Access all your email alerts in your My Trulia account anytime!