Charles Palmerin
Chino Hills, CA (USA)
Role(s):
P.E.H. Paraiso Escondido
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Startup
Location:
Chino Hills
Industry:
Construction
Year Founded:
1999
Number Employees:
INVALID
Description:
Small size Construction and Land Development Company that specializes in Home Sites, established in Morelia, Michoacan Mexico in 1999, currently owns together with its owner over 800 acres for future development, we employ 8 people in administration and new project development, we carry our financing for our clients, the average home site sells for $35,000 Dlls. with 10% down we finance up to 15 years. The Company has had over the past 5 years income between 1 and 2 million dollars annually.
We are currently seeking 2 million dlls and we are willing to pay 12% annually interest only for 5 years with a balloon payment, we can secure it with Real Estate at 50% LTV in Mexico.
Owner of the Co is American Citizen and lives in Calif.
Everything mentioned here can be proven.