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Updated over 7 years ago on . Most recent reply

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37
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Joe Farrance
  • Cicero, NY
1
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37
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Golf course investment

Joe Farrance
  • Cicero, NY
Posted

Hello

From wheee I’m at in upstate New York it would appear that golf courses are only used 4 or 5 months out of the year. So this made me curious are they a good investment in the snow belt regions?

So I came a cross a listing for a golf course in my area for sale, although I would like to purchase this my self  I know I have no funding to make this happen, I would have to wholesale this to another investor and this leads me to my questions.

Are golf courses a good real estate investment?

Can you wholesale a golf course to a investor?

Can you use creative financing using no money down for such a large purchase?

What key finances should I look for in the financial reports?

Any help would be appreciated 

Thank You

Joe

  • Joe Farrance
  • Most Popular Reply

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    Matthew Paul#2 Contractors Contributor
    • Severna Park, MD
    7,692
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    Matthew Paul#2 Contractors Contributor
    • Severna Park, MD
    Replied

    A customer of mine owned a golf course . It only made them money when they sold it to a developer .  

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