Tim Kravchunovsky
Germantown, MD (USA)
Role(s):
World's Finest Homes, LLC
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Startup
Location:
Germantown
Industry:
Construction
Year Founded:
2003
Number Employees:
INVALID
Description:
Successful remodeling company in Business for 3 years. Looking for funding of construction teardown projects in DC metro area. 4 similar projects completed:
Area1 option1:
Teardown purchase price: $400K
New Construction: $450K
Carry costs(mortgage etc):aprox 12months $24K
Total: $874K Sale price $1,050,000.00 - $1,200,000.00
Profit split 50/50
Area2 option1:
Teardown purchase price: $750K
New Construction: $500K
Carry costs(mortgage etc):aprox 12months $40K
Total: $1,290,000.00 Sale price $1,500,000.00 - $2,200,000.00
Profit split 50/50
Area 1 Option2:
construction cost 550K (our profit built)
100% profit to you regarding of sale price
Area2 Option 2:
construction cost 575K (our profit built)
100% profit to you regarding of sale price
Not offering