Carmen McKay
Topanga, CA (USA)
Role(s):
Baja Dream Realty
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Startup
Location:
Topanga
Industry:
Real Estate
Year Founded:
2005
Number Employees:
INVALID
Description:
We are seeking a lender/investor for a development project. We have optioned 8.5 acres of beachfront land, 40 minutes from San Diego in Baja, MX. We are located 25 miles from Trump-Baja. We have all permits, Stewart Title approval, and architectural plans for a 400 unit condo resort development that will be marketed to a very lucrative niche market. We are seeking $3 million to close the land deal. We offer a LTV of 46%. The land is the collateral, as we are aquiring it at less than have the appraised value.