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Updated over 7 years ago,

User Stats

6
Posts
2
Votes
Mike McCarthy
  • Real Estate Professional
  • Naperville, IL
2
Votes |
6
Posts

Looking for an investor

Mike McCarthy
  • Real Estate Professional
  • Naperville, IL
Posted

Hi,

 I'm a custom home builder from the western suburbs of Chicago. I have a deal under contract in Glen Ellyn, IL. I am looking for an investor to partner up with to do tear downs. I've been building homes since 1993 and would like to share with you some information on this project. Please email me with any questions - [email protected]

Lot Price $360,000.00
House Price 3600 SF x $195/SF = $702,000.00
Tear Down $15,000.00
Realtor $54,000.00
Profit $200.000.00
Total $1,331,000.00
Profit Split 50//50 $200,000.00
Money needed for the deal: $350,000.00
All numbers are approximate

❖Investor to provide down payment, co-sign on loan and make monthly loan payments.

Offering