hello all, i am new to the Real Estate Investment and i have a few questions i would love some answers to.
well first is i am looking for an example of a investment proposal to present to a potential investor. i have searched online all i find is websites that want to write one for me, all i want is a good example.
next, i am trying to build a spec house in missouri. the house we are building will target 250-260k selling price. this is a father and son business, i am the son and just learning my dad is the contractor, we can build the house by ourselves in about 4-5 months. we have about 5 grand but i have 2 potential investors willing to put in some money both have said 25k. kind of long winded but my second question is if a person gives you 25k for 6 months what is the normal return on his investment. i was thinking somewhere around 7% of his money or a percent of the profit because i think we can build the house for around 180k with lot.
i know this is a lot of stuff i am new and got nothing better to do in iraq than sit on the nipr and read this site so i got a lot of questions. i am trying to get a house in the ground before i get home and i leave in sept, so my days are numbered.
thanks in advance.
your help is greatly appreciated.
chad