Hi folks,
We have a fresh Chris Rood deal ready for funding.
Amount Needed: $600k
The land is 10.385 acres off East Milton Ave in Milton, LA.
Property is all frontage and is in one of the hottest areas in his town. Land is being purchased for $50k/acre but property near it has sold recently for $200k/acre. Rood’s listing the property for $150k/acre. Minimum acceptable offer would be $125k/acre.
If he can’t sell, he’s planning on putting some sort of storage units on the property.
Deal should last for 6-8 months. Looking for interest at 12% but would be willing to discuss equity position. DM me if you’re interested.
Is he looking for $600K from one person, or can multiple people participate together?
We can have multiple lenders on this deal.
What’s the min. investment amount wanted?
Because of the size of the deal, Around $100k would be the min.