Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Land & New Construction
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 18 years ago on . Most recent reply

User Stats

39
Posts
0
Votes

Where to start?

Posted

I'm a newbie -- and maybe this is way out of my league, but need some advice. My friend has some valuable land right off the interstate in MN. Its on the exit and there is already a McDonalds, movie theater, and some strip malls. Developers are offering about $8-$10 per sqft (so about $10M-$13M) -- but they don't want to pay for anything until they actually have constructed the buildings and stuff. My friend and I were thinking that maybe WE could actually put a deal together...act as the developers ourselves. But neither of us has ANY clue where to start... where should we begin??????

Loading replies...