Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

15
Posts
0
Votes
Jeremy Long
  • Smithfield, PA
0
Votes |
15
Posts

Here's a weird one: residential development

Jeremy Long
  • Smithfield, PA
Posted

Hey BP, I stumbled upon a 60 + acre plot. 

Here's the crazy part. I know the owner personally and they are willing to finance a residential flip if I can come up with a legitimate business model. The biggest contingency is that we have buyers up front for the land if we are going to start construction making the land resident worthy. It's in a great location I just don't know my first steps in getting interested buyers. And presenting a business proposal to potential buyers and the owner.

I need to create a plan to the potential investors in the area, which I have contacts for, but I need to come to them very professional insights and comps and information that will make them see that it is a great investment to buy lots and build houses on this land.

Has anybody done something like this and have any advice?

Thanks so much!

Loading replies...