nitelite 0 Report post Posted April 26, 2004 If you are interested in making real dollars please read this I have a single family home development project in central Florida that needs funding. The particulars are as follows. 60 acre development/6 phases/10 acres per phase/32 homes per phase/1350 1450 sq ft/3br2ba-4br2ba/quality construction/ home-lot cost $83,000/sale $112,500/appraisial projected at $120,000/192 homes total x $29,500 = $5,664,000.00 over 42 month project. Buyers are prequalified at 100% financing with down payment and closing cost assistance. If the buyer retaines title for 5 years... assistance portion forgiven. Terms for up to 33 yrs. Equity at $1,100,000 in place upon development completion w/4 model homes. Developer/builder needs $877,000 cash or credit line for the total project. Looking for loan, hard money, investor or Partner w/cash. Can cash out after 2nd phase projected at 24 months. Investment contributed over 6 months or stage funding if needed. Very flexable. If interested please contact: Edward Slaughter res19sro@hotmail.com No tire kickers please. Only serious investment minded people need e-mail. Ex Summary is available as well as full project presentation. Share this post Link to post Share on other sites
