Updated about 9 years ago on . Most recent reply
Will this creative idea work?
I'm looking at 3.4 acres of property. I was wondering if I surveyed and divided it into say ten lots with common parking like a condominium, would I then be able to build 4unit apartment buildings per each smaller lot and finance each 4 unit apartment like a house with a traditional mortgage on each? I was hoping to develop it slowly over time anyway.