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building a single family house, looking for venture capital?

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building a single family house, looking for venture capital?

i am building a new house in southern california. i have financed $518,000. i now have to replaced a bankrupt contractor. i have 3 replacement bids, but all are $75,000 to $100,000 more than my construction loan covers. for an investment i will give a grant deed giving a percentage of the property to the investor property is a half acre which butts up against undeveloped land there is an existing house of about 750 square feet. house is 2 bedroom 1 bath, living room, kitchen, laundry room. house has a free standing wood stove, covered porch, 2 car carport. house and carport have 50 year metal shake roofing. paver patios and walk ways with a koi pond new house will be 3 bed room 2 bath over a large 3 car garage. master suite will be bed room, walk in closet, and bath room with dual sinks, tub, and separate shower. middle of house is open area kitchen / living room with vaulted ceilings. other end of house is 2 bed room 1 bath room with tub / shower combined. also, there is a laundry room / mud room existing house can be for family (grand parents, elderly parents, etc) or can be rental income

3 weeks ago - 1 answers

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You will never find "venture capital" for this project. What you need is HARD MONEY or a PARTNER .

by Judgment CARE

3 weeks ago

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