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Elite Builders Group works with a variety of banks, investors and joint venture business partners. We believe that all business should be based on honesty and integrity. We also minimize the risk for our investment partners and for our long term success. A few of our strategies include: 1. Always using legal counsel and notarized documentation of all transactions and deals 2. Title company holds and disburses funds from escrow 3. Having an committed end buyer 4. Investments will be built to meet FHA lending guidelines 5. Investments will have equity in project 6. Investor in first position 7. Have a plan B for a back up buyer in all instances Elite Builders Group pay lenders and investors: 2 points origination 10% interest APR Notes range from 60 to 180 days 30 day extension option 1 point penalty for each 30 day extension passed the first extension |
