First Ground up constrcution deal
I am considering a deal in my market in which I found a significantly underpriced parcel of land blocks for major transportation hub in a gentrifying area. I am close to securing funding for the acquisition through private investors and have a bank lined up for financing the build of a 3 unit multi family.
The part I am concerned about considering the seemingly low price is that there my be some unknown issue with the land. Can anyone point me in the right directions as to where I can obtain public info regarding the integrity of the land. The first exposure that comes to mind for me is pollution but like I said this is my first deal of this type. So I guess there are 2 major questions here.
1. Where can I go to obtain public info so I can do my due diligence on the integrity of the land?
2. What are the primary red flags I should be keeping an eye out for?