Originally posted by @Curt Davis :
Thx for the clarification Chris !!
Curt when we were starting this project that was mission one... everything at cost.. our Attorney and CPA have donated their time in the set up of our organization.. and on top of that we put in the first 10k of cash into this project.. Chris will bring the home in at cost so at cost of 125k ish that will be a market value home of probably 150 to 170k given normal closing costs and profit to a retail flipper . And again why when we started this I wanted one of the top companies in the US to be our provider I knew his company had the ability the desire and could execute and peel one home off and let it go for cost.
And as stated its even less than Cost since we have put the first cash into this project.. I am sure you will agree this is a worthy cause and MI and Chris are eminently capable of providing the first of many homes for this charity...
We have all been blessed by being on BP and for me spending 4 decades in an industry I know and love this in my mind is a perfect project for me to spend my last years in the business giving back and that's what I mean to do..
My job and business has always been about building teams.. we have done that and we will execute..
I hope you will join us in spreading the word and supporting our cause.