Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Land & New Construction
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

User Stats

10
Posts
7
Votes
A Rao
7
Votes |
10
Posts

Developing a 142 SFR subdivision outside Atlanta, how to structure builder takedown?

A Rao
Posted

I just rezoned 142 SFR 45 minutes outside of Atlanta and I am trying to understand how to sell to builders. I am willing to wait through LDP and most builders will want a tranched takedown.

What is the normal percentage of hard money down for a phased takedown? 

It sounds like I will need some site work for the whole site at the beginning so that the site is not impaired if they walk at some point in the project. 

I am guessing the whole site will need to be cut/fill balanced, sewer and water mains run, all the streets rough graded, erosion control, stormwater management all in the first phase?

What else am I missing or should be asking for from the builders if they want the land in phases? 

How do I make sure I am not at risk if they mess up stormwater management etc on the first phase when I still own the other 2 phases where there is an erosion or stormwater problem?

Thanks!

Loading replies...