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Updated over 8 years ago,
Unique JV investment opportunity in Laguna Beach, CA - 30% ROI
We (MG Capital Group) have secured a property in Laguna Beach, CA.
We are looking for an interested private investor who can fund construction and rehab. We are looking for a $450k-$500K investment in the project.
Because of the strict rules in Laguna Beach in regards to construction we are estimating the project to take about 24 months max, most likely shorter.
We are expecting to be able to pay out a $300k profit share when the property sells.
Principal and interest will be recorded agains the property. We can't record a lien against the property so a Hard Money loan is out of the question.
Looking forward to speaking with you if you are interested to fund this (or part) of this opportunity.
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