General Creative Real Estate Question!
Hey everyone,
I have a question regarding tear down flips. I grew up in a neighborhood just outside Washington D.C. in VA. There seems to be a theme in the area. Especially in my neighborhood, houses that are sold are being snatched up very quickly to be torn down. They build these huge 2+ million dollar monstrosities. Houses that sell are not selling for anything under 750k or so. The advantage I feel I could have is that I am still connected with many of the neighbors. I usually hear about a neighbor wanting to sell before the house even hits the market. Assuming I have a team lined up but no funding, what could my creative options be here? I see opportunity but don't see any way to get my hands on it.
Thanks so much!