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Updated 3 months ago on . Most recent reply

Account Closed
  • Investor
  • Miami, FL
46
Votes |
120
Posts

Looking to develop Multi-Family in South Florida (East)

Account Closed
  • Investor
  • Miami, FL
Posted

Hey guys,

I have no experience but after looking at all my options I have come to a conclusion that my best move is to buy land and develop multi-family apartment building (15-20 unit) 2 story somewhere between Miami Jupiter.

Budget for everything 3M

Done with cash + 6% line of credit

Looking for long term hold

I would love to hear any insight on what areas I should look at, ballpark of build price (hard costs and soft costs) and would love to network with anyone in the area on this.

Thanks

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