All Forum Posts by: Annette A.

Thank you Ned. yes it would be speculative. I do own the land which is worth about $42,000- 5 acres. Even if it was rented as monthly housing it would gain to bring in near $6,000 a month... as an executive housing it would/ could bring in $45,000-200,000 a year. even if it only rented at 30% it could bring in about $50,000 a yr. 

thank you Andrew.

I am looking to start up/ develop a multi unit in a great location just outside a prominent city. It will be executive housing fully applianced and furnished like a hotel.  But how do i finance it? 

I am from Maine and am looking to develop my first multi unit. I have lots of questions and things I would love to bounce of someone with knowledge in this area of building a NEW unit. I am looking to do 4 executive style fully furnished cabins near a main city but just outside of it.  Working on a business plan now and connecting with a SCORE mentor. How would I finance something like this? with nothing but the "plan" and the equity of this estate once built.