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Updated about 9 years ago on . Most recent reply

User Stats

26
Posts
3
Votes
Oleg Korolov
  • Real Estate Agent
  • Los Angeles, CA
3
Votes |
26
Posts

The best way to finance land development

Oleg Korolov
  • Real Estate Agent
  • Los Angeles, CA
Posted

Hello, BP community!

I am putting together business plan, and as a stage number one of it I am considering flipping land - acquiring raw land and creating a project for a house with all the plans and permits, ready to be build, and then reselling it for a profit as a project. Question number one - what do you guys think about this whole idea of land flipping by creating a value (all the permits and plans should be ready for a new buyer to start working on a new build the next day after close of escrow)? Question number two - what are the best ways to finance this kind of projects?

Thank you for your time.

Sincerely,

Oleg Korolov

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