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Updated over 3 years ago,

User Stats

59
Posts
28
Votes
Timothy McKinney
  • Investor/GC
  • Apex, NC
28
Votes |
59
Posts

Lender needed for 9 new construction Single families in Durham NC

Timothy McKinney
  • Investor/GC
  • Apex, NC
Posted

 We have lots under contract to build 9 Single family houses in Durham NC.

Project info: Lots are 55,500 each, Construction costs at 174,000 each. Drawings are almost finished. Sale price will be $320,000 each.

What we are looking for: 8-10% interest, 2 points, no more than 1 week from progress draw request to deposit. References of three other deals in our area (Raleigh/Durham)

We will put 20% down on land. We are willing to break the project up for smaller investors. DM me with questions. Thanks.

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