All Forum Posts by: Jessie Dunn

Mr. Cruz, Thank you.  That was a wonderful response and chock full of information.  I sincerely appreciate you taking the time to write that.  And I agree, teaming up with "a seasoned vet" would be the best approach.  If there is one thing I've learned over the years, every real estate transaction is unique.  (Isn't that part of the fun?) To segue into development would be tough, but exciting at the same time.  I have a lot to learn and explore.  Thank you again for your insight and encouraging words.

Chris, thank you! I appreciate your candidness. I agree, I'm not ready to fly, but I am ready to research.  I have about ten years of real estate investing experience, and am looking at different (more lucrative??) avenues.  Thought posing the questions on this forum was a fair way to start. 

I am curious as to how the process works for buying land and building an apartment building on it.  How does financing work? How much cash and/or collateral would we need? Can buying the land and construction be wrapped up in one loan? I'm looking for direction as to where to begin, websites to reference, etc... I have a million questions. Thx!