If you were a builder would you sell?
Here is the scenario:
A local builder has 475+ homes for sale.
He employs many people in the valley.
There is an opportunity to sell 300-400 of these homes for 60-70% LTV.
Thus resulting in over 30,000,000 dollars.
I would like to approach him with an investor who could buy a huge portfolio of these homes.
I can't think of a builder who wouldn't want to inject $30 million into their business.
Would you sell?
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