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Updated about 10 years ago on . Most recent reply

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25
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Shane Mcc
  • Real Estate Investor
  • Cranston, RI
9
Votes |
25
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I want to build my home without any help of a GC. What do I need to do?

Shane Mcc
  • Real Estate Investor
  • Cranston, RI
Posted

Hi Everyone

I'm new to real estate investing and this is also my first forum post on BP. I purchased land about 6 months ago and my goal is to develop the land. More specifically, I want to build my own home. I've gotten a few quotes from various GC's and they are all quoting me prices higher than I want to pay. My goal is to develop/build the home myself but my problem is I don't have any real estate experience whatsoever. 

The land is 17,000 square feet. It has water, sewer and gas hookups. I have a 20ft variance on both the east and west sides of the property and a 35ft setback in the front and back.

I'm working on getting plans from a local architect. My question is this, after I get these plans from the architect what do I need to do next? I know this a very broad question but please understand I'm a amateur at this and please put everything in layman's terms.  Thanks, looking forward to hearing from everyone. 

Most Popular Reply

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63,039
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,039
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42,783
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

@J Scott 

  I just did the same thing built my own residence I deligated all decision making to the Boss.. and worked harder so that when she upgraded virtually everything I was prepared to pay for it !!

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JLH Capital Partners

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