Joseph Daujotas
Zion, IL (USA)
Role(s):
Commercial Capital
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Startup
Location:
Zion
Industry:
Real Estate
Year Founded:
2006
Number Employees:
INVALID
Description:
Purchase foreclosure homes from banks.
Inital meeting with banks was successful.
Banks are willing to start sending deals to us once we have secured financing.
Geographic area: Lake County IL
Type of homes: single family
Price range: $150,000 to $300,000
Purchase price: 65 - 70% of After Repair value
Terms: investor pays for purchase,
our firm pays for repair cost on homes
Rate of Return for investor: 15- 20%
average number of days on market: <30
exit stradegy: end financing for all credit types without credit checks. we have private investors who will finance the end loans for home buyers.
Core Team:
experience Licensed real estate broker.
20 yr experienced contractor
mortgage broker