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We are a NEW Home Builder and Land Development Company with over 30 successfully completed building and development projects to our name.
We are NOT general contractors, nor are we fix ‘n flippers.
We are looking for Private lenders (i.e. High Net Worth Individuals) and/or lending groups (or Joint Venture Equity Partners) willing to lend ASSET BASED true no doc (NINANE), non-recourse, A, D & C financing (at appox. 70% CLTV (loan to completed value), and SECURED by 1st mortgage and note with a term from 12-24 months) to be used for the acquisition of land, site development and construction of NEW first time buyer and upper end single family homes in New Jersey's best municipalities (low taxes, highly rated school systems) selling from ~500K to ~1.8M.
If you (or anyone you know) are (is) interested in earning passive income (secured by real estate) by funding one of these potential projects please send an introductory email outlining:
Your full name:
The town and state in which you live:
Your company name if applicable:
Your company address if applicable:
What your career/ primary business is:
The name of the business from which you will be deriving the funds:
From where you derive the funds which you wish to invest:
The maximum amount you would like to invest:
Your desired rate of return:
What projects you have invested in the past (with as much detail as possible):
A FULL schedule of your fees and terms (Term sheet):
Any other terms you feel may be necessary for your security and comfort
Or, feel free to send me your attorney’s contact information and he/ she can speak directly to my attorney about the aforementioned items.
I look forward to hearing from you and possibly forging a mutually beneficial and long lasting relationship!