All Forum Posts by: Pavan Sandhu

$500-1100 Price per square foot.

You're going to have to piece a few different loans together unless you do a construction loan that wraps your first and a new second into one. 

@Chris Mason the key many times is to get a value similar to a duplex. I've won that battle a few times. 

Every Jurisdiction is different. 

It’s a great time to own property in CA! Always has always will. Whether you develop it or not depends on so many factors. Zoning, Land cost, holding costs, demand, relationships, etc.

  Not many refi options for you. I’d focus on building the plan, vision it’s future use and then raise the money you’ll need to get going. Raise enough, quickly to pay off the hard money loan. They’re sharks and you will continue to have significant carrying costs. 

You'll need to seek non-traditional financing. 

Leveraging VA loans via residential or commercial development has always been an underutilized strategy. I'd suggest connecting with a few VA lenders locally.

Construction loan costs ?

Assume you are buying it cash! Seller carry may be one of your only options. Maybe it’s not about price rather terms that make the agreement happen. Find out what makes all parties happy.