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Timothy Hicks
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Land Acquisition and Entitlements Financing Equity Partner

Timothy Hicks
Posted Feb 8 2024, 17:10

Hello,

    I have recently started my journey into land acquisition and  entitlements, and I'm having some issues with the financing side of things. Originally, I was hoping to have the property owner hold the property while I take the agricultural property through the feasibility study and rezoning to have paper lots approved by the city I choose to annex the property into. 

   However, I am dealing with a lot of 1031 exchanges and investors buying raw acreage quickly here in Colorado. This is where I am having my major issue. My ideal situation is to find a finance partner to help fund these deals for approximately 12-16 months, and we will exit the deal after selling to a significant multifamily, home builder, or developer for them to build on the approved land. 

   The great news is I have the time, knowledge, resources, and critical thinking skills to bring these projects to fruition. Unfortunately, I don't have the working capital to procure the land and finance the entitlements process. Can anyone point me in the right direction or help me find a solution to my funding problem? I appreciate all input, as I have a deal in the works ready to start at any time.

Thanks,

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