Hi everyone,Curious if there are any developers that could price the cost of building a 5 bed, 4 bath at 2200sqft?

Then I would search local craigslist listings looking for private sellers.I developed relationships with some local attorneys and accountants and would visit them weekly asking for any clients looking to sell homes or deceased estates.  

It's a safe area, good schools, right by a grocery store, and on a dead end street (no traffic).

I have an architecture degree and have been working in the real estate development world for a while now and I am looking to get started in real estate investing.

Yes, I realize there are better deals to be made out there; but for my first investment property it seems like a pretty safe way to get my feet wet.

I will talk with my attorney about this, but I wanted to hear from people on here who have done this and may know some good tricks or tips to making this a profitable and relatively safe deal.Thanks!

As for right now.. focus on getting the deal closed, develop a marketing plan, budget for when the property is vacant. 

Hi everyone, I'm curious if there are any developers that could price the cost of building a 5 bed, 4 bath at 2200sqft?

Just curious what investment vehicle you believe safely yields these type of returns.

. - One other option is borrowing against your existing property but don't know if that is worth the risk- Some local banks or community development financial institutions might be open to giving you a loan even with your circumstances if it falls within their community / social mandates. - Even if the person you are thinking of can't help you, maybe there are folks on bigger pockets who want to go in on this with you esp. if you have the deal sourced...I can't tell you if any of these are the right solutions, completely depends on your specific circumstances but hopefully some avenues you can explore!