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Updated over 4 years ago,
Subdivision process: worth it?
Looking at land in Washington that is 2x more than I originally budgeted for and thus would require additional capital/investors, but could also mean opportunity to subdivide and build 4-5x the number of homes originally planned. The math certainly works out but it doesn’t include the elevated risks, subdivision process , etc, so I’m wondering if any experienced developers or investors have feedback or guidance they’d be willing to share.