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Updated 16 days ago, 12/11/2024

Darnell Holland's profile image
Darnell Holland's profile image
Darnell Holland
  • Member since Aug 22, 2021
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Darnell Holland's profile image
Darnell Holland's profile image
Darnell Holland
  • Member since Aug 22, 2021
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Darnell Holland
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Land & New Construction

Tear down rebuild numbers

Darnell Holland
Posted

Hello, I am looking to do my first tear-down and rebuild development deal in Nashville.  Experienced developers, could you tell me how the process/financing works? How do you finance the tear down do you add it to construction? What would standard down the payment be? Please see the rough numbers below :

Tear down house price 350k,

Construction cost 165 sqft * 2 build=627k

Nashville, Tennessee
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