How much out-of-pocket money will this entire preconstruction investment property require?
Your total cash investment is as low as $3,500 per property.

What are we building and who is the builder?
We are building good quality single family houses ranging between 2000 and 3500 square feet. Mecca Development, Inc. is our builder. TransAtlantic Investment Group, Inc. controls the finance of the group. Mecca Development has being building houses since 1985.

Will I have to make any payments during the construction period?
No. Construction interest is allotted within the loan amount so no monthly payments will be necessary during the construction period. Your only investment is $3,500.

Why Should I invest my money in Atlanta preconstruction?
Atlanta has some of the best real estate markets in the country, appreciating at rates of 5% to 15% per year or more. Our investment properties are centrally located and access to all 3 major Interstates.

What if I have "bad credit" or "don't qualify"
Most people qualify with our special construction investment loans. However, if you don't qualify because of a difficult situation, then you could simply partner up with someone who does qualify and split your profits with them.

This sounds too good to be true, 85% LTV?
Yes, this does sound too good to be true. We can afford doing this because we eliminate all holding costs which usually lower builders margin. As soon as the construction is finished the loan is transformed into permanent loan. We save money on interests therefore we can offer this program to serious investors only.

Aren’t you afraid to run out of properties?
Yes, therefore we also have  fixer-upper for investors who cannot qualify for regular loans.

What if I want to rent my home?
We work with management companies in each of the specific areas we are building in. They can fully manage your property for a very minimal fee.

Which area is right for me?
Depending on your personal investment strategy, we will work with you to find the best suitable preconstruction real estate area for your investment property needs.

Why should we use your preferred lender and realtors?
They work specifically in these areas with the builders and have a great relationship with them as well. They have a proven track record of servicing all clients with the utmost care and will work to service all of the clients' individual needs.

Do you provide full service real estate and mortgage loans?
Yes. We can help you buy or sell a home as well as achieve the best financing for it. If you have an outside project you are interested in we can facilitate the financing and real estate contracts as well.

Which model home should I choose?
Depending on the surrounding area of the lot, we will work with the client to choose the right model for that particular site. We understand your needs as a real estate investor as we are preconstruction real estate investors ourselves.

When do we close on the property?
Typically, closing is held 60 to 90 calendar days from the time a lot is placed under contract.

Do I need insurance on this real estate investment property?
No. The builders carry a risk policy throughout the course of construction.

How do I get started?
Simply click on the "Contact Us" link and fill out the form.

Do we own the house and the lot while it is under construction?
You will own the lot after the construction loan has closed, but the house is owned by the builder until the Certificate of Occupancy is issued from the municipality governing the construction.

How do we know what we will earn as a profit?
You get instant equity the day you close. You may chose to take part of your equity in form of line of credit or leave it there. You do have to pay closing costs.

I have seen other opportunities that offer the same program but keep half my equity, do you do keep half my equity as well.
No. We are compensated by writing the loan and executing the real estate transaction. You the client get to keep any and all profit generated from the sale of your property.

How are you able to pass on such an incredible price on the construction of these homes?

 
For starters we are able to negotiate such a low construction amount per square foot because we are builders. The average homebuilder has to house and staff sales agents, advertise, and have models to show. We concentrate on building homes solely while we sell and market them to you the investor thus saving both of us the monies it would cost to do market them.

When my home is completed am I responsible to pay back the construction interest payments?
No. The loan amount includes all construction interest payments including all closing costs. Once the client sells the completed property they are only responsible for paying off the original loan amount.

So once I have closed on my preconstruction real estate and it is completed, will I have to bring funds to closing?
No. Once your investment property is completed you will not be required to bring funds for another closing. If you have elected to keep your property the lender will modify your loan to a permanent loan at no costs to the borrower. However, the closing costs will be charged to you with no money to bring at closing.

Do you provide any other real estate investment opportunities?
Yes. We also offer fixer-upper and other investment properties opportunities. For more information check our “Properties For Sale”.