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Updated almost 4 years ago,
Loan Options for a Development
Hello,
I am trying to see what the best route to go for a loan on a development would be. The land itself cost 1.6 million and looking around 2-2.5 million to develop the property. It is 24 acres in a market that is going crazy. Just developing the lots and selling them alone would be very profitable but I would like to do the builds as well. Anybody that has any insight on the financing for this that would be great.