Vacant Residential Lots

[Joseph Abbott]

Hello Everyone! I’m looking into buying vacant residential lots in the Oklahoma area. My issue is that I do not have funds to build a house on the land. I came to a roadblock. I do not know what to do with the lot. I could sell them. To separate me from the rest, I would do owners financing. I could also develop a partnership with a builder. Any and all ideas are welcome. Thank you in advance.

[Andrew Johnson]

Joseph Abbott Did you buy them already? It doesn’t quite look like you have an exit plan mapped out for these. Maybe others will have a different perspective but if I’m going to have to use owner financing for a random lot in Tulsa, where or how will I come up with the money to build a house? If you haven’t bought them already you might want to slow down your process until you’ve ironed out an exit plan. Just my nickels worth of advise...