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All Forum Posts by: Noah McBride

Noah McBride has started 1 posts and replied 1 times.

Land & New Construction

Post: How to find investors for land developing

Noah McBridePosted
  • Posts 1
  • Votes 0

How do you go about finding an investor to partner with on new development? I have an option on an off market 34+ acres and the sellers are asking $680k. We can get about 27-30 lots in the development and the estimator believes our all in cost per lot will be $60,000 assuming we have to do sidewalks and green space. A neighborhood that just recently built out down the road did not have those requirements which would get the number down below $50k a lot. These lots when finished would sell for around $100k per lot with the average home sale being $650k+. Having all the information about the development, how do you go about finding an investor to partner with on the development? 

0 Votes