Real Estate Development Land Purchase

[Jonathan Orr]

Hi BP, I was trying to explain real estate development to a gentlemen who is interested in getting "in the game". I was explaining how I structure the purchase of land into deals and how I go about it.  It got me thinking of the question, how are other developers structuring their land purchases for development?

To better define a scenario, you find a piece of land you want to develop and build.  You need to go through entitlements and the land needs to be a traditional purchase (no seller carry).  Are you buying it with all cash?  Get a land loan? Wrapping it into a construction loan?  Etc...

Just curious what others are doing during this time in the market.  Not looking for lenders or "secrets" just wanted see how others are doing it.  Cheers!