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decisionhomes Category: Big Deals
Current Grade: C
Total Views: 513
Member Comments: 0
Posted on: 06/17/2008
Posted by: decisionhomes
Blog Points: 70
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I have an investment group looking for partners in the GO-zone.  They own a steel manufacturing company already.  They are currently manufacturing steel frame houses for low-mid income families.  They have connections to plenty of local government entities committed to gifting land to their 503 (c) non-for profit organization.  They have various plots of some 10, 20, 30 acres each ready to be gifted to them by local government/housing authorities.  They have the participation of these local/city/county governments and local housing authorities in executing this project.  They have buyers ready with mortgage vouchers from the government.  The demand is unbelievable.  I have the JV proposal; available for interested parties after signing an NCND.  They are in need of about $3MM more to move forward on a $30MM project.  They are offering 40% ROI on the $3MM, and a 25% ownership in the company at the two year mark.  They are seeking an investment that will allow for two year repayment plan with payments deferred for the first year.  Contact David of Decision Properties @ 314-863-2753, cell 314-443-8974, decisionhomes@yahoo.com
Current Grade: C
Category: Big Deals
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