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Updated 8 days ago on . Most recent reply

Land owner looking to JV with Builder/Capital Partner
I own 10.2 acres of undeveloped land in central VT. I want to build a small SFH or STR on it. It has very favorable zoning laws, the land is buildable, and the area has a housing shortage. Land is 40 mins from Killington 15 mins from Brandon Vermont (the perfect Vermont town) 20 mins from Middlebury. I do have a quality builder that could facilitate the build but not required for JV.
Is this enough to bring to the table? If the partner was only a capital partner and had no involvement with the build would a 50:50 split be worthwhile for the capital partner?
This would be my first JV and am open to any advice suggestions on the best way to proceed.
Most Popular Reply

@Robert Ellis I wish I could . The tiny town the land is in won't let you build with less than 10 acres.