Posted by Terry McKee

I have a 95 acre Concrete Home subdivision called Camelot, platted into 119 lots total, 40 lots Phase One, some lake-front lots, have all county/city approvals for road construction, etc. Have full set engineered drawings complete with environmental study. Use of funds to include stamped concrete roads and a $275,000 value model home. Project to gross $29,750,000. Houses sell for $250,000 average. I'm able to make approx. $100,000 per house. I buy wholesale materials (I own a retail design center), I build for cost + 10% (I own a construction company). Land prices .2 miles away selling for $11,000 per acre. I'm flexible on the loan repayment terms. I expect the project to build-out in 2 to 3 years after sales begin. My business plan calls for $750,000. I've been turned down because it's too small for some. I could use more funds by building spec houses to speed sales if that would help me obtain financing.

I also would like to develop and franchise the Design Center with the success of Camelot. This has tremendous potential.

Please feel free to contact me with any questions you may have.

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