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Updated over 2 years ago,
Looking for advice on 13 acre lot
I have an opportunity to get an extremely attractive 13-acre lot of land in the Santa Monica Mountains with lots of potential, but I have never bought and developed land before. I've bought and flipped houses before and managed rentals but this would be new territory. I'm considering partnering with a few people on purchasing the lot and developing it for single-family homes, but also considering getting the lot under contract and shopping the contract with potential developers. Any advice on how to go about this would be greatly appreciated.