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Updated over 5 years ago,
Wholesaling land zoned Commercial
Ok so since I have been listening to BiggerPockets podcasts (6 months now) I notice possible opportunities to do things with real estate all the time. One of those things is a property that I drive by every day. It seems as though the area I’m living in is growing and thriving. We are in Western Lower Michigan right up against Lake Michigan, and our summer months are packed with vacationers! So anyways getting to the point, I feel like it is only a matter of time until Foreign car dealership of some kind comes to our town. We have a stretch of highway that has a Chevy, Ford and Dodge dealership all within a mile of each other and lots of Commercial property around these dealerships that is for sale. I have been contemplating possibly trying to wholesale one of these lots to a foreign car dealership. But have no idea if this is possible or where to even start. I see an opportunity to make some money and add value to our community. I do not know where to start. Never done this before. Thoughts?