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Updated over 8 years ago,
Seeking advice on how to present project to seasoned RE developer
Hi All -
I have an opportunity to purchase approximately 15 lots for a multi-family/commercial ground-up project in a very promising section of Baltimore. The area has already seen significant development and is poised for additional growth. I'm looking for a developer with experience in building ground up projects to help me bring this project to fruition.
I would appreciate some advice on how to approach a developer or investor for a project of this scale. I have the back of the envelope analysis and spreadsheets outlining investor return. So, specifically, I would like to hear how you would recommend making a "cold" sell and what initial information do you think would warm a prospective partner.
Thanks in advance.