Updated about 2 years ago on . Most recent reply
Buying Land in Philadelphia
Hi Everyone,
I'm not a stranger to real estate in general, but this is my first full year as an investor . My strategy is mainly ground-up construction because that's where I have the most experience as a construction project manager.
I'm very interested in purchasing a piece of land I came across in south philly. The seller has asked for only a 10day due diligence period. I initially thought that was a very tight window for a land purchase, but I'm curious to hear if that's the norm for everyone? Maybe I could ask for some favorable terms for DD period when I'm putting in the offer?
I'd love to hear your thoughts on that. Thanks everyone