Residential Real Estate Seeking Loan in San Francisco, USA

- This joint venture specializes in acquiring undervalued single-family homes, renovating them, and reselling them as modern, move-in-ready properties for a profit.
- It is a collaboration between two companies, with the main parent company based in San Francisco and the other partner company based in Colombia.
- The owner currently resides in Colombia and oversees local operations, supported by a team of five full-time employees.
- The business follows a fix-and-flip model, purchasing properties, remodelling them, and reselling within a typical timeframe of three to six months.
- Its clients are primarily end buyers seeking fully renovated homes, and operations are currently carried out on a per-project basis without a fixed client base.
- The joint venture is led by a U. S.-based company with extensive experience in property investment, along with a Colombian-based partner who handles financial structuring and local project execution.
- To complete renovations, the business works closely with contractors, real estate agents, and local vendors.
- All transactions and agreements are supported by legal advisors to ensure proper structuring and compliance.
- The properties under renovation serve as the venture’s primary tangible assets. Since these assets are non-dilutable, they play a significant role in justifying the strong valuation.
- The reason for our high growth compared to the previous year is our business model, which uses loans to buy properties and receives renovation funds only after the work is done and approved. This lets us take on more projects with less upfront money, helping us scale quickly. This year, we have taken on more projects as we have gotten the hang of the business.
- The joint venture is legally registered as a C Corporation.