All Forum Posts by: Monique Spence
Monique Spence has started 1 posts and replied 1 times.
Post: Private Investor Structure for Development

- Real Estate Investor
- Smyrna, GA
- Posts 1
- Votes 0
I'm doing a residential new construction project in Charlotte NC where I need to raise private money for the equity portion of the acquisition and development. I have several investors that are ready to invest and are requesting that I forward the necessary paperwork. How would you suggest I structure this for these private investors; JV, Syndication, etc?
The total project development cost is $6.8M, $1.2M for the land purchase and $5.6M for the horizontal and vertical development. I need $1M from my investors for the deal. The conservative total profit for the project is $5.7M. How can I structure the investment to protect their participation, as well as mine? They will receive a 30% return annually for three years, which is the life cycle of the project. Thanks in advance…