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Updated over 1 year ago,
Funding Options/Land Usage
Team, I bought a property that sits on 2.19 acres of land. The house, a long term rental, sits on one end which leaves most of the land ripe for development. I would like to build five 600 sqft 1BR 1 Bath rentals and list for the traveling nurse program. The property is zoned F101 Rural. I figure I will need vic $750K to get this done. I care more about long term appreciation than short term gains. Any advice on how to get this project funded will be greatly appreciated. Also, if you think I should take a different route as to developing the land, your thoughts will be appreciated as well. Thanks!