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Updated over 6 years ago on .

User Stats

124
Posts
50
Votes
Adam Scheetz
  • Rental Property Investor
  • Staten Island, NY
50
Votes |
124
Posts

Seeking 2 investors @ $50k w/ 15% return or 1 investor at $100k!

Adam Scheetz
  • Rental Property Investor
  • Staten Island, NY
Posted

New Construction Build on the Eastern Jersey Shore!

Seeking two investors at $50k or one investor at $100,000 for new ground up construction on the water in Toms River, NJ. Willing to pay 15% for 6 month hold time.  Return on your investment IS NOT contingent on the sale of the property!!

The lot has already been acquired, remainder of financing secured, permits submitted and we are wanting to break ground in March. The time frame to complete the project is 5-6 months. 

 Acquisition of the lot, building of the house, fees, etc comes in at $660,000. The After Repair Value of the project is $840,000 as reflected in the appraisal documents that will be sent to anyone interested. Unfortunately, the individual that we had lined up just backed out because he didn't get funds from another project he was expecting and he feels he won't get them for another month now. So the opportunity to make $7,500 or $15,000 is now open to you!

We are wanting to get the building underway ASAP so that we can show a solid product by summer. We believe we will have a buyer before the project is completed based on previous experience. Everything is above board legally, contractual, and very professional. Priority #1 is ensuring financiers get there returns!!

If you are interested at all or wish to know more, I can provide a detailed appraisal report, tentative schedule, business licenses for contractor, sub-contractors list, architectural sketch, zoning requirements, and more.

If you have cash on hand, money sitting in a low interest bank account, or an IRA and you're tired of lousy returns, let your money work for you on a great hands off investment opportunity!! If you any questions whatsoever, please reach out.

-Thank You,

Adam Scheetz

[email protected]

Offering