Updated almost 8 years ago on . Most recent reply
Subdivision development questions
I recently subdivided a prime 1 acre parcel in our small town into four additional lots. The sites are perfect for small single-family housing- close to schools, shopping, downtown, etc. I typically finance all of my projects out of pocket. I am looking for insight on the best way to finance development of these properties. Should I be speaking to lenders up front and build spec? Should I advertise the lots for sale with a build to suit option? Do I use a realtor to advertise the properties and homes to be built or do I advertise myself? Thank you in advance for your response.