New Construction Multi-family

[Tuesda Cook]

I am a newbie trying to get my first break and I have an opportunity that I do not know how to approach. I have two lots that my cousins and I own. One lot has my grandmothers house on it that is not salvagable and the other is just land. What I want to do is tear down the current property and rebuild a multi-family there, a 3-4 unit.

Any advice on this would be helpful. I need guidance on the best way to handle this. How would I know if my numbers are right? Can someone provide me with a website or formula to help? What would be the best way to fund this project with no money? If I went with a hard lender, how would it work? Is a 203k a good option for this?

Thank you!