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Updated 9 months ago,
Denver: Looking to partner w/ builder; scrape & build spec house; hot area
I have an old house on an exceptional lot (great street and mountain views, larger lot for area) in an area of SE Denver in which new houses can sell for more than 3M. I could probably sell for 850-900k), but realize that there is a greater profit potential. I am looking for a builder to partner with who will finance building costs (and get reasonable GC fees above cost for their efforts as well). Profits above this will be split 50-50 after the sale.
First, is this a reasonable ask?
Second - are you a builder who might be interested?