What's the best way to fund raise for development projects?
Hard money is best at a year or less so what's the best way to get "hard money" for a purchase that will take over a year to subdivide? The potential for profit is there in just the sale of the lots alone but even better if you can pre-sale them and do the build as well. I am a realtor and my husband is a general contractor and I have partitioned properties for us before so I know the process and can do much of the work for the subdivision process and he can build homes that we would pre-sale. Any suggestions or advice from someone who has done a project like this before?