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Updated about 7 years ago on .

User Stats

29
Posts
17
Votes
Paul Bryzek
  • Investor
  • Oakland, CA
17
Votes |
29
Posts

Joint Venture Partners for a Quick Build & Flip in Toluca Mexico!

Paul Bryzek
  • Investor
  • Oakland, CA
Posted
Hi Everyone,
I'm here in Toluca Mexico and came across an interesting build and flip project. Dollar to Peso is currently 18.7, all time high was 21.92. I have a private owner that has plans to subdivide 1 acre of his own land into 16 3 story casas, build each for ~$375k Pesos (~$20k) and sell for 1.3M Pesos (~$70k).

I am looking to find Joint Venture partners to do a small syndication. The plan will be to build an initial set of 2 Casas, with utilities, sell off each Casa, then use the funds to build out/sell the remaining 14 casas.

If this sounds interesting to you, hit me up! I am anticipating $500k-$800k of profits for the entire project within a 12 month period. Initial investment total would not exceed $50k total between all parties.

Best,
Paul
  • Paul Bryzek
  • Offering