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Updated over 6 years ago,

User Stats

10
Posts
0
Votes
Linda Garcia
  • Real Estate Professional
  • Snohomish, WA
0
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10
Posts

Sell now or work with developer

Linda Garcia
  • Real Estate Professional
  • Snohomish, WA
Posted

Sell vs Develop land.   Does anyone here know how to make an educated decision on whether to sell a highly appreciated property or go into a partnership with a developer.  The sell now price is substantially higher than the capital account value we would start out with but would allow us to get into multifamily.  I have shown my accountant and attorney but no real answer, probably because too many variables and things that could go wrong.  I would love to hear of any experiences with partnerships of the multifamily buildout type.

Thank you!  Relatively new here but loving it!

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