Need cash/ Hard $ investor for new build, Build 1.3MM Completed value $1.7MM-$2.2MM

[Reid R.]

Looking for a cash investor or an investor to carry hard/ private money loan for new construction project in Morrison CO. Completion expected in 9 months. Comps in neighborhood are 1.7MM- 2.2MM

Cash scenario

Lot + build cost $1,300,000.00 ($120,000 contingency built in)
Closing Cost 7% $122,500.00
Sold Price $1,750,000.00
Net profit $ 327,500.00 (not including contingency)
ROI 25.19%

Project is in permitting, ready to break ground in 4-8 weeks.

Hard money would be $300k out of pocket expecting over 50% cash on cash return.