Invest $400k or more with 10% APY Return - $400,000 (Tampa)
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Looking for cash investors to fund purchasing of land to build new home construction build out.
Minimum $400k investment with 10% annual percentage yield return paid once property is sold with your investment returned. Your investment will be secured with property deeded and titled together free and clear with you as 1st and me as 2nd. No other loans or bank loans will be on property.
Example:
$200,000 vacant land purchase (1st money draw at closing of property purchase)
$200,000 construction build out (2nd money draw once plans get approved to start construction)
Invest $400,000 and receive 10% APY ($40,000 if project takes 12 months)
Some projects can take from 6 months to a year or so depending on plans, city planning approval and build out progress.
Currently looking at a project that the land purchase is $400,000 for 2 side by side lots and the construction cost is $260,000 per house x2 = $920,000 required.
All projects will be in Hillsborough County within the city in existing neighborhoods where no tract homes are being built.
I also buy buildable land and lots suitable for building a home or muti-family unit. I can buy the lot from you for a all cash offer or if your land is paid off I can also offer you a 10% apr return on top of the agree sale contract price and you get paid once we finish the construction and sale the home.