Updated 10 months ago on . Most recent reply
Tear down rebuild numbers
Hello, I am looking to do my first tear-down and rebuild development deal in Nashville. Experienced developers, could you tell me how the process/financing works? How do you finance the tear down do you add it to construction? What would standard down the payment be? Please see the rough numbers below :
Tear down house price 350k,
Construction cost 165 sqft * 2 build=627k