Building a subdivision

[Travis Cutler]

My wife’s family is giving my wife and her two siblings 47 acres. We are kicking the tires on going through subdivision. I’m posting here to find out if anyone has any experience in getting a loan for building a subdivision. There is potential for 23 house lots. We will need to fund building the road, engineering, utilities, and permitting. Just curious if anyone has ever been through this. Thanks!

[Account Closed]

It's going to be a long road. You need to have an engineering firm that's familiar with your city and county to subdivide it, get you're entitlements and a construction permit.

its going to be expensive to start, might be able to find a hard money lender to build it out in phases and get houses built asap to sell and lay off the hard money loan. That's how I first got started. It's a hustle.

Doing a 46 acre sub division that yields 180 lots. So you might be able to get substantially more if you plan it right.