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Updated about 2 years ago, 11/22/2022
Anyone familiar w/ this raw land investing strategy?
Hello all,
A colleague mentioned purchasing raw land with the intention of getting plans for commercial buildings. He would get the architectural plans drawn up and get permits from the city and then sell the land with the plans/ permits.
Is there a name for this strategy, or does anyone have any resources where I can learn about this type of investing?
Thx.