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Updated almost 10 years ago on . Most recent reply

User Stats

360
Posts
354
Votes
Christian Hutchinson
  • Investor
  • Detroit, MI
354
Votes |
360
Posts

Tear Downs

Christian Hutchinson
  • Investor
  • Detroit, MI
Posted

Looking to possibly purchase a lot or purchase a lot with a home for teardown...When this is done, basically the purchase of the property/teardown is a sucken cost?  is that correct?

Also was a typical financing for this sort of thing? How much do you have to bring to the table in terms of % of cost?

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