All Forum Posts by: Ronnie Giery

I am trying to work a deal with a property owner where he still owns the property but I finance and build a new home on it and we split the profits. The deal is in Los Angeles. I'm trying to figure out the best way to make this work. Would I have to personally guarantee the construction loan? Has anyone done something like this? Looking for any advice! Thanks, Ronnie

Hi all! I am currently looking to network with investors in the Los Angeles area who are interested in investing in developing single and multi family buildings in the beach areas. Message me if you are interested or know of anyone that might be! I am looking to build my investor network to fund the great off market deals I am coming across very often. 

Thanks,

Ronnie

I have an off market property in Hermosa Beach CA that I am looking for partners to purchase and develop with. The property is zoned R2 so we are wanting to build 2 town homes on the property to maximize our profit on the resale. The lot is roughly 4100 sq ft so we plan on building 2 town homes around 2500 sq ft each. The asking price of the lot is $1.25 million and we estimate around $1 million (conservatively) to build. Comps in the area for that sized town home (new construction) have recently sold around $1.75 million. I am newer to development but have a very experienced designer/builder as my partner who knows the area well and has done building in the South Bay for over 20 years. I am willing to work out a good rate of return on the investment as well as a percentage partnership stake for any investor(s). Please contact me at [email protected] for more information!

Are you selling the lot or looking for a developer to build or partner with?

Hey All!

I am fairly new to the wholesaling market and am looking to grow my contact list of investors to wholesale to. I primarily work in the South Bay area of Los Angeles. With this post I am looking for investors or good tips on how to grow my contacts of investors. Any advice will help! Thanks, Ron