New construction -first crack at developing

[Max T.]

I own a lot in fishtown where new construction sells high. It would be cool to build and sell but I've never done that before. My experience is limited to rehab/renovation. I own the lot but would have to finance the construction. What should I be doing and I. What order? I know I need to secure financing, find an architect, and a reputable general contractor. If you know of anyone who can help I would appreciate their contact information in a private message. Lot is 14x63, zoned rsa5 single family residential. It is adjacent to a rental I own with an FHA loan, so I expect that a refinance on that would be part of the process.

[Don Harris]

@Max T. take the money and run, you will most likely not make that amount on your first new construction