Brett Melton
Washington, IN (USA)
Role(s):
Founder/Owner/Principal
Melton Enterprises LLC
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Startup
Location:
Washington
Industry:
Real Estate
Year Founded:
2007
Number Employees:
1-10 people
Description:
Melton Enterprises LLC is a real estate company founded in November of 2007. It came to life with its first land purchase of $150,000 with borrowed money from a venture capitalist. The sale of that land in the next 6 months for $200,000 yielded a nice profit. The company was able to make a nice profit for the investor and pay back the loan in less than six months on its very first transaction.
The company is currently seeking and has found many undervalued properties and in the current market. The company could assure the investor a minimum return of 4% yearly and potentially 30% if market conditions in the area improve.
The company is looking for a minimum of $750,000 and a Max of $3 million to act on the prospective investments.