| Position Type | Full-Time |
| Company Information | I am a real estate investor that is seeking a capital partner to fund the acquisition and rehab of distressed, bank-owned residential properties in the tri-state area. Over the past year, I have gained extensive knowledge of specific markets that are ripe for distressed investing. In addition to market knowledge, I have established a network to facilitate (a) deal sourcing, (b) construction/rehabilitation, and (c) property management. Given recent economic events, we are currently in a once-in-a-lifetime opportunity to acquire distressed residential properties. My company is keen to this dynamic and seeks to capitalize upon it. |
| Position Information | Ideally, I am seeking a single individual that will able to take a first lien cash position in each project. The capital partner will maintain rights of refusal for deals. The investor will be compensated with a return of 20% per project and a split of the proceeds beyond the invested capital and returns. Deal size varies slightly, but we are targeting the acquisition of properties at around $80-100k, which is roughly 40 cents on the prevailing market dollar. At this stage, I am only seeking a capital infusion in the amount of $200k. |
| Expertise Desired | Accounting Finance Real Estate |
| Position Industry | Residential Real Estate |
| Compensation | 0 - 0 Annual Salary |
| Compensation Negotiable |
| Company | GEB Property Group LLC |
| Primary Industry | Residential Real Estate |
| Description | GEB Property Group LLC is a real estate development firm that specializes in the acquisition and rehabilitation of residential real estate in geographic locales that exude strong economic fundamentals. We seek to capitalize on dislocations in the market in order to maximize returns for our investors. |
| Company Status | |
| Website |
| Expiration Date | 8/27/2010 12:00:00 AM |
| Start Date | |
| Posted By |
