Million $ property I'm trying to work out
You would know the first project I can really sink my teeth in has to be a huge one. HELP HELP HELP!!!!
an appraiser on the local zoning board has talked of this property being approx million dollar property. The reinstatement is $31k. The current mtg amount is $560k. It appraised for $770k 2 years ago. Property by a golf course. 13 acres a 30 year old house with inside pool, and a large "out bldg". All tolled 11k square feet.
All I can think, is try to "pitch" the property to a few developers, or developers/builders in the area and hope one of them will offer a good deal. The problem is that it's not a big metroplex, and that kind of money isn't everywhere.
Any suggestions???????????