Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Land & New Construction
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago,

User Stats

9
Posts
6
Votes
A Rao
6
Votes |
9
Posts

Developing a 142 SFR subdivision outside Atlanta, how to structure builder takedown?

A Rao
Posted

I just rezoned 142 SFR 45 minutes outside of Atlanta and I am trying to understand how to sell to builders. I am willing to wait through LDP and most builders will want a tranched takedown.

What is the normal percentage of hard money down for a phased takedown? 

It sounds like I will need some site work for the whole site at the beginning so that the site is not impaired if they walk at some point in the project. 

I am guessing the whole site will need to be cut/fill balanced, sewer and water mains run, all the streets rough graded, erosion control, stormwater management all in the first phase?

What else am I missing or should be asking for from the builders if they want the land in phases? 

How do I make sure I am not at risk if they mess up stormwater management etc on the first phase when I still own the other 2 phases where there is an erosion or stormwater problem?

Thanks!

Loading replies...