JV Opportunity for Investor (SF CA/East Bay Project) HOME RUN DEAL

[Raj Pat]

Hello BP Family, 

We have a project which we're closing on next week and looking for a money partner. Mainly interested in a seasoned investor/money partner to join us. The property is located in a very affluent area of the East-Bay 20mins shy of San Francisco CA. We have two exit strategies:

1) Renovate the existing home plus in-law unit and resale ($150k + Net Profit) Turn around time 3-4 months 

2) Add a 2nd story, renovating both the existing home and in-law unit  ($350k + Profit) Turn around time 6 to 8 months 

Both options are lucrative of course the 2nd exit being much higher as you can see. Purchase price is $653k plus closing cost. We're avoiding HARD-MONEY on this deal and thought it would be a great idea to build a relationship with a new partner. Prospective partner to bring in 85% of the purchase price. Our fund will bring in the remaining 15%+ renovation proceeds and any other holding cost. The split would be 40/60, everything is ready to go and we will be closing escrow in 10 business days as of today. Please DM us if you're interested for further details. Just thought I'd quickly put this together and see who's interested. Hope all is well and take care.