Exploring Development Opportunity

[Harrison Jones]

Hey everyone,

Today, while driving around, I came across a property that looks like a great investment opportunity. It’s perfect for building a few homes and some general development. While I’ve never done a project like this before, it’s something I’d love to take on—or at least organize and bring in the right experts to see it through.

I estimate it would require around a $2M investment to build 5 houses on the lot, with each home valued roughly at $600K. I think it could be a great investment opportunity, but I don’t have that kind of capital.

Has anyone tackled a project like this? What would the next steps look like in terms of finding partners, financing, and handling zoning or permits? Any advice or insights on getting started would be greatly appreciated!

Thanks in advance!