@shawngorham Have you thought through the structure? This is where I’m struggling . If I raised 2 mil from Friends and family for a small project, how would you structure it ?
@hanslorei I’ve been tempted to paint windows but never have . We just ordered painted windows and I’m discovering they are not that durable . Especially to scratches.
I’m considering offering a 3 acre tract we have on owner terms. I want to avoid cap gains .
Lease purchase 20% down ? What amortization? 8% ?
Retwit folks thoughts? Price $110k
@TKyle
Finally closed the first lot on a 19 acre dev to 8 lots.
Took 20 months
No rezoning
Survey - delay
Elevation Survey / topography - delay.
Engendering for step system
Private utility approval
Required County approval
1/4
I would have never guessed nearly 2 years . I had a great / very patient partner.
Biggest lesson - how quickly your surveyor, engineer, contractor etc show up make a huge difference. Developing reliable partners in this field is key. Takes time to find them.
3/4