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Updated about 6 years ago,
Buying destroyed property to build new multifamily.
Has anyone bought a property that's been badly damaged and needed to be razed to build new? I'm specifically talking about multifamily. I had seen a 4 plex that had caught fire and being offered up for $10K, so it'd be buying the land and building something to my specs. Yes, I understand I'd need to check zoning and such.
JD