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Updated over 7 years ago on .

User Stats

8
Posts
0
Votes
Ron Ahmed
  • Homeowner
  • Arlington, TX
0
Votes |
8
Posts

Condominium Investors for First Time Investor, Zero Cash

Ron Ahmed
  • Homeowner
  • Arlington, TX
Posted

I have had this in mind for a very long time. Back home in Dhaka, Bangladesh, we're able to purchase a plot of land, and have a builders company construct a 6 to 10 story apartment complex and they will take 50% of the units in most cases. The closest I can get to that over here in America is finding investors to do a CP loan on land where I will provide a list of suggested areas for sale, as well as the condominiums total 3D model with construction costs and all dimensions/specs provided. Would this be possible? I would contact the builders prior to seeking the investors and get a number of different rates from different companies to see the prices on certain condominiums, and also make sure all land selected has proper zoning ordinances for commercial housing. Thanks.