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Updated 1 day ago, 11/22/2024
Looking to develop Multi-Family in South Florida (East)
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