Administrating lot splits

[Fatimah Hester]

Good afternoon ! I guess it’s safe to say you guys will see a lot of me on here now 😅 

So I came across a way to further my wholesale deals but there’s not a lot of information about it on YouTube or google. Not to sure what it’s called either. So basically when I find a cash buyer for a property I’m wholesaling I can see if the lot that the house is on is able to be purchased as a split  & Im able to record the other half of the lot at closing . From the little information I have on this I can build on this lot 100% funded by a lender & profit . Has anyone heard of this and is this the right term for this kind of deal? 

Thank you for your time !