Att builders contractors

[Nisa Demere]

Investment Info:

Single-family residence fix & flip investment in Atlanta .

Hi guys, im new to this:) so here it goes.
i’m looking for a builder or contractor that can see the potential in this. So this is the house I live in and I Airbnb part of it. It is located in Chamblee on the border of Brookhaven. Which is pretty hot area in Atlanta ga right now. My house is next to townhomes. And it is adjacent to 7 townhomes with parking and driving around. So I’m looking for a builder or a contractor that can see the potential of building these townhomes on my land. I don’t want to partner I just want to be bought out. My price is $995,000. And townhomes in my area are going for low 400,000k - 500,000k. Probably thinking that’s too much for Single family home but I’m not selling for what the house is worth My sell price is for what can be done on the land.. i’m not desperate to sell my house. I don’t need to sell my house but there is a potential for a builder to make money and if I get the right offer I’m willing to sell. I’m pretty firm on the price. So I don’t want to waste anybody’s time if they don’t see the value in it. It is zoned for single-family home right now but I’m pretty sure it can be re-zoned
Thank you:)

What made you interested in investing in this type of deal?

My Single family home is located next to townhomes

How did you find this deal and how did you negotiate it?

I live in it and I’m trying to negotiate:)

How did you finance this deal?

Bank

How did you add value to the deal?

Hot market

What was the outcome?

Still working on it

Lessons learned? Challenges?

Excited to see what happens

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Not yet