100% FINANCED PRECONSTRUCTION DUPLEXES


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As most investors are aware, the SW Florida real estate market has experienced tremendous growth and appreciation over the last few years. Although this growth has been extremely rewarding for most investors, it has also created a significant problem of affordable housing for the working class community.

Today, affordable housing is considered by many in government and industry as one of the most significant problems affecting the Florida market. Shop owners, restaurants, hospitals and schools are finding it extremely difficult to find employees because of the high cost of housing.

Although the affordable housing problem is significant, it also creates an excellent investment opportunity to enter the market during the front end of an affordable housing growth cycle.

I want to tell you about a group who has created a business model that helps address the affordable housing issue while also providing a significant investment opportunity to qualified investors

The proposed investment opportunity is for duplex housing in the cities of Lehigh Acres and Cape Coral in SW Florida .

Duplexes are two units, each approximately 1050 to 1200 square feet, with each unit having 2 bedrooms, den, 2 bathrooms and a 1-car garage on the smaller unit and 2 car garage on EACH SIDE on the larger unit.

Currently the all-in cost of the duplex project is approximately $285,000. The cost includes the land, building, and site improvements, closing cost and interest during construction. Make NO PAYMENTS DURING CONSTRUCTION.

The cost of the project can be financed with a construction loan at 85%-90% of appraised value. (LTV)

The current market price of the duplex today is between $325,000 -thus providing the investor with built in profit before construction begins. Because the market value is more than 10% higher than the necessary loan, this is done with very little money out of pocket which can be as low as just $1500 or as high as $5500.

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