All Forum Posts by: Will Shoemaker
Will Shoemaker has started 3 posts and replied 3 times.
Post: 4.86 acre lot - one home per lot...
- Developer
- Posts 4
- Votes 0
Hello,
My fiancé and I are closing on 4.86 acres. Our plan is to build something smaller on the land and parcel it up because per the zoning (residential) of the township, there must be only one home per lot. So as I understand I have to create a plat through an engineer and present what Im going to do if I want to build 4 homes on the property. The totality of my plan is to divide 3 equal lots, build economical but marketable homes on each, rent/sell them, then use the equity from them to collateral our forever home on the remainder of the property. I think I will long-term rent them most likely as we are nurses and see ourselves taking care of our parents later in life, so ideally we would like to keep the homes. We just have no idea what to build, I don't really want to spend 250k. Any ideas of something that builds fast for a 1500 square foot home? I'm going nuts. We marry next August
Post: 4.86 acre lot - one home per lot...
- Developer
- Posts 4
- Votes 0
Hello,
My fiancé and I are closing on 4.86 acres. Our plan is to build something smaller on the land and parcel it up because per the zoning (residential) of the township, there must be only one home per lot. So as I understand I have to create a plat through an engineer and present what Im going to do if I want to build 4 homes on the property. The totality of my plan is to divide 3 equal lots, build economical but marketable homes on each, rent/sell them, then use the equity from them to collateral our forever home on the remainder of the property. I think I will long-term rent them most likely as we are nurses and see ourselves taking care of our parents later in life, so ideally we would like to keep the homes. We just have no idea what to build, I don't really want to spend 250k. Any ideas of something that builds fast for a 1500 square foot home? I'm going nuts. We marry next August
How practical is acquiring land to dev mini home/1-2 Bedroom functional home?
40k prefab
20k electric and water hookup
10k land dev
100k 1-2 acre
Orrrrr
170k duplex with prefab home in back of yard
( section off drive into prefab and section off duplex yard)
rent duplex - live in prefab
then rezone property for appraisal of two property