Startup real estate development company in Connecticut keying in on derelict properties for fix and flip. Debt financing is in place looking for equity funding to begin working. In the aftermath of covid there have been many abandoned and derelict properties in the state, that said we want to rehab and flip these properties at a below market pricing to help families purchase their first homes or even upgrade as their families increase in size. we expect first year's gross receipts to be about 1.5 Million with a profit margin of approx. 15 to 20%.
Building Properties and marketing them below the area property value will allow for homeownership to many that cannot afford the skyrocketing property prices in Connecticut.
My team and I have an extensive background in construction. I myself have been in the trades since 1984 progressing through a career that has had me building anything from homes to hi-rise apartment buildings, hospitals, hotels and courthouses. with our construction expertise we can keep cost down value engineer our properties and deliver a quality product to the buyer.
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