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Nesgroup address: alt.building.construction - Date & Time for the message: 19 Sep 2005 10:33:12 -0700 /

Author of the message: "intjudo"

Title of the message:
Q: how to work with investors and Builders

Text of the message:
Greetings,
I'm a real estate agent in Colorado. I have a good relationship with a
small Builder who wants to increase his business. I also have good
relationships with several investors who have cash to invest and are
interested in partnering with me and my Builder to do some pre-sold
homes (at first). If this works out we'd want to move into spec homes
and grow it from there (but first things first).
One of my investors is building their personal home with the Builder,
and I've sold a few new construction homes of the big-builder variety
but other than that I don't have any experience in this.
I was hoping some of you could provide me with some ideas for how to go
about this. In particular I'm interested in ways to reduce risk to the
investors, and so (for now) I'm feeling partial to pre-sold homes
rather than specs.
For instance, can I have the investor purchase a lot with 20% down and



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