Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago,

Account Closed
  • Wholesaler
  • Bay Area
1
Votes |
8
Posts

Wholesaling Apartment Development

Account Closed
  • Wholesaler
  • Bay Area
Posted

I'm currently talking to the owner of 3 adjacent properties in Mountain View, CA (old multifamily) who is waiting for the city to approve a permit to construct a 15 unit apartment complex on the 3 lots. The owner however is getting older and is interested in selling the project to another investor.

He got 1 offer a few years back at 9m but that investor doesn't seem to be interested in the project anymore. Currently I am looking for buyers for this project and am interesting in wholesaling it.

Does anyone have experience wholesaling a development project like this? I don't have experience underwriting multifamily development. How much information would a potential buyer want?

Loading replies...