Details - Information last confirmed on April 28, 2021
Contract with large homebuilder to develop 500 lots for single-family residential homes. Development is near a large growing metropolitan area. Land Plan, Engineering and Entitlements complete. Expect to start construction August 2021. Contract with reputable mezzanine lender to finance 70%. Opportunity to invest with Developer. Excellent rate of return with a reasonable payout period. Contract to sell 100 lots first year. Purchase price for homes $250,000-$350,000.
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