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Updated over 7 years ago on . Most recent reply

User Stats

13
Posts
3
Votes
Rich M.
  • Flipper
  • Gardena, CA
3
Votes |
13
Posts

Real Estate Developing Homes

Rich M.
  • Flipper
  • Gardena, CA
Posted

Hello,

I'm looking to become a developer I have a 10,000 sqft lot that I can build for homes or condos on checked with the city already the lot is in Gardena, CA. I had a GC come out he said he charges 225sq ft looking to build 2 stories at 1500sqft each the total would be $337,500 each. I owe $260K on the lot I'm looking for a mentor to help me pull this off anyone have any suggestion and I've been in real-estate 15 years mainly as a buy and hold.

Thanks

Rich

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