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233 Jefferson Ave.

Westfield, NJ

Developer: DaSilva Home Builders

Lender: Sunny Shakhawala

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Business Plan:

  • Find: Off Market Property @ Below Market Valuation
    • Property acquired through Driving For Dollars Effort
  • Fund: Utilize Mix of Hard & Private Money to Finance Project
    • Low Interest Only Debt Secured for 90% of Purchase + 100% of Construction
  • Fix: Force Appreciation through extensive remodeling
    • Convert 2400 square foot outdated property into 4200 square foot 6 bed, 4 bath luxury home
  • Flip: Aim to Pre-Sell to motivated buyer during renovation
    • List Property with 3D Computer Assisted Drawings (CAD) while property is being built
      • Gabe’s wife, Amanda Nadia Abdelsayed, is a Top Performing Realtor in local market

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Before:

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After:

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Investment Summary

Purchase Price: 535,000 (Market Value: 650,000)

Renovation: 350,000

Holding Costs: 150,000 (Interest, Taxes, Utility, Fees, Commissions, Insurance, etc.)

Total Costs: 1,035,000

Sales Projection: 1,350,000 (comparables)

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Developer

Gabe DaSilva: Founder of DaSilva Homes

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Opportunity

Seeking: Up to 350,000 (For Construction)

Term: 12 months

Return: 8% Annual Return, Paid Monthly�Sample Investment of $100,000 will receive $666.66 monthly. *$25,000 minimum.

Funds Already Secured By:

  • Promissory Note
  • Mortgage
  • Personal Guaranty
  • Membership Shares of LLC that owns 233 Jefferson Avenue

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Contact For More Info

Sunny Shakhawala

E: sunny@sunshak.com

M: 201-618-7918