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Commercial Real Estate Investing

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Shital Thakkar
  • Specialist
  • Dallas, TX
251
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511
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Land Contract - Construction of Office in DFW

Shital Thakkar
  • Specialist
  • Dallas, TX
Posted Mar 15 2018, 09:17

Hi,

I am looking for option of Land Contract to construct office building. 

I am planning to do Land Contract with owner and once construction completed, sale the the building and pay off Land contract due.

Please provide me your insight..

  • What is general term of land contract?
  • Typically need to pay monthly or quarterly?
  • Interest rate ?
  • Need to pay tax and insurance?