townhome, apartments or retail/office development questions

[Tristan Cortez]

We have a potential purchase of two residential lots 50x160 each. Across the street a developer built 15 town homes on 4 of the same size lots. We would like to do something similar but need help on where to start.

Q#1- Instead of building first and then trying to sell each town home, could we do it some other way?

Q#2- Is it hard/expensive to rezone a property from residential to commercial for a office/retail building instead?

Q#3- How should we determine whether to put town homes, apartments or office/retail space?

Q#4- What would be the best way to get financing (low money down)?