Updated almost 4 years ago on . Most recent reply
New SFR Construction Opportunity
I have an opportunity to invest in a new construction build. It is a lot for 6 homes-2 already built/sold-2 in construction-2 to be completed on 1 acre each selling for $275-$315k I'm looking to invest $50-$100k, I am only investing in the 2 homes yet to be built, they took out a SBA construction loan for this project.
What fair return on my principle can I expect? The end goal is to keep my investment rolling over while increasing it too if all works well and more projects come to fruition. What type of contracts will we be using? Thnxs all!