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Updated almost 6 years ago,
Land buying opportunity
I have a friend that has 3 lots that total 15 acres and she wants a cash buy of 500,000 I’m very new to this industry and I have done a lot of research but I have not researched a lot on land development I want to go on contract to wholesale her land but I do not know how to calculate how much her land is worth I think it is a great deal and if I needed to come down on the price she will go for it because she is in a hurry to sale because she is losing money on it
Any advice or ideas to help me move forward??