Updated almost 9 years ago on . Most recent reply
Partnering with Owner? (New Construction)
I've come across a situation where an owner has (2) vacant lots next to one another where they'd like to build (2) new homes and sell them. They have no experience with a project of this magnitude or any construction experience whatsoever. My question here is, has anyone ever partnered up on a deal with an owner like this before? How did you structure the deal? How was the profits split up?
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Are you a developer and you'd be managing the zoning, permits, construction process, or what value do you bring to the deal?



